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The Variable Used to Keep the Running Total Is Called

question 2

Multiple Choice

The variable used to keep the running total is called a(n) _____.


Definitions:

Borrow

The act of receiving funds from a lender with the agreement to return the principal amount along with interest or other charges, if applicable.

Assets

Economic resources owned or controlled by a person or entity that are expected to produce value or benefit in the future.

Assets

Resources owned by a company or individual that have economic value and can provide future benefit.

Debt Outstanding

The total amount of borrowed money that a company or government has not yet repaid to creditors or bondholders, including both principle and interest.

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