Examlex

Solved

____ Is a Threat-Rating System Developed by Microsoft and Is

question 15

Multiple Choice

____ is a threat-rating system developed by Microsoft and is used to assess risk with great granularity.


Definitions:

Revenue Account

An account that records the income generated from selling goods or providing services, which contributes to a company's gross income.

Income Summary

An account used during the closing process to summarize the year's revenues and expenses before determining and transferring the period's net income or loss to owner's equity.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts.

Adjusting Entries

Journal entries made at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.

Related Questions