________ Is Raw, Unanalyzed, and Unorganized Facts and Figures

question 34

Multiple Choice

________ is raw, unanalyzed, and unorganized facts and figures.

• A) Statistics
• B) Ratios
• C) Data
• D) Criteria

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Definitions:

Long-Term Investments

Assets that a company intends to hold for more than one fiscal year, such as stocks, bonds, or real estate.

Intangible Assets

Non-physical assets with value to a business, such as trademarks, patents, goodwill, and copyrights.

Accruals

Accounting adjustments for revenues that have been earned or expenses that have been incurred but have not yet been recorded through a cash transaction.

Accrual Accounting

Accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged.