Is the Statement Below an Expression or an Equation? T

question 18

Multiple Choice

Is the statement below an expression or an equation? t = 3.85

• A) an expression
• B) an equation

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Definitions:

Investing Activities

Transactions involving the purchase and sale of long-term assets or investments, part of a company’s cash flow.

Cash Payments

Financial transactions involving the outflow of cash to settle obligations or purchase goods and services.

Debt Principal

The original amount of money borrowed or the remaining balance of a loan, exclusive of interest.

Double-Entry Bookkeeping

An accounting system where every transaction affects at least two accounts to maintain a balanced set of financial records.