Social Media Applications Include

question 32

Multiple Choice

Social media applications include

• A) email.
• B) spreadsheets.
• C) videos.
• D) databases.
• E) social networking sites.

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Definitions:

Liabilities

The financial obligations or debts of a business entity, which are settled over time through the transfer of economic benefits including money, goods, or services.

Assets

Resources owned or controlled by a business, individual, or entity that are expected to provide future economic benefits.

Accounting Equation

A fundamental financial principle representing the balance between a company's assets, liabilities, and equity.

Office Furniture

Tangible items such as desks, chairs, and filing cabinets that are used in an office environment.