A Digital Signature Is a Way to "Sign" a Document

question 23

True/False

A digital signature is a way to "sign" a document by appending extra data that are both unique to the sender and very difficult to forge.

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Definitions:

Adjusting Entries

Journal entries made at the end of an accounting period to update accounts for accruals and deferrals not captured during the period.

Adjusted Trial Balance

A financial statement that shows the balances of all accounts, including those adjusted, at the end of an accounting period.

Post-closing Trial Balance

A list of permanent accounts and their balances after a company has journalized and posted closing entries.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating financial performance.