____ Is NOT an Example of a Utility Program

question 86

Multiple Choice

____ is NOT an example of a utility program.

• A)File compression software
• B)Antivirus software
• C)Widgets
• D)Personal firewalls

Understand the concept of accounts receivable and its significance in business transactions.

Analyze the effects of various transactions on the accounting equation.

Identify the role of owner's withdrawals and their impact on owner's equity.

Recognize how revenue is earned and reported in financial statements.

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Definitions:

Standard of Living

A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class in a certain geographic area.

Equal Distribution

The equitable allocation of resources, income, or assets among all members of a society or group.

Income

The total money received by an individual or household over a specified time period, including wages, salaries, benefits, and other earnings.

Positive Economic Statement

An objective statement based on facts that can be tested or validated, focusing on descriptions of what is rather than what ought to be.