Angel Needs to Move a Row of Data from the Top

question 70

Multiple Choice

Angel needs to move a row of data from the top of a table to the bottom of a table.She should do which of the following?

• A) Sort the table.
• B) Split the table.
• C) Move the table row.
• D) Move the table column.

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Definitions:

Time Period Assumption

An accounting principle that states a business operation can be divided into discrete time periods, such as months, quarters, or years for reporting purposes.

GAAP

Generally Accepted Accounting Principles, which are a set of rules and guidelines that companies must follow when preparing their financial statements in the U.S.

Accrual-Basis Accounting

An accounting method where revenue is recorded when earned and expenses are recorded when incurred, regardless of cash flow.

Unearned Revenue

Income received by a business for goods or services yet to be provided, often recorded as a liability on the balance sheet until the revenue is earned.