Representations of Approaches to Programming That Offer Explanations of the Processes

question 23

Multiple Choice

Representations of approaches to programming that offer explanations of the processes involved are called:

• A) frameworks.
• B) models.
• C) concepts.
• D) paradigms.

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Definitions:

Dividends

Payments made by a corporation to its shareholder members, usually as a distribution of profits.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, revealing profit or loss.

Retained Earnings

Retained earnings are the portion of a company’s profits that is kept or retained rather than being paid out as dividends to shareholders or reinvested into the business.

Closing Entries

Entries recorded at the conclusion of an accounting cycle to shift balances from temporary to permanent accounts.