Joe Accidentally Deleted a Paragraph

question 411

Multiple Choice

Joe accidentally deleted a paragraph.Which of the following is the fastest way to restore the paragraph?

• A) Undo the action.
• B) Redo the action.
• C) Repeat the action.
• D) Reenter the text manually.

---

Definitions:

Net Income

The total profit or loss of a company after all revenues, expenses, taxes, and costs have been subtracted, reflecting the financial performance over a specific period.

Dual Effects Concept

An accounting principle that recognizes each transaction as having at least two effects on the accounting equation.

Income Statement

A financial statement that reports a company's revenues, expenses, and profits over a specific period.

Accounting Equation

An equation representing the relationship between a company's assets, liabilities, and equity; Assets = Liabilities + Equity.