A Network of Activities, Resources, Facilities, and Information That Interact

question 17

Short Answer

A network of activities, resources, facilities, and information that interact to achieve some business function is a(n) ________.

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Definitions:

Capital Balances

The amounts of money that the partners or owners of a business have contributed to the business or have accumulated over time.

Income Ratio

The Income Ratio is a financial metric used to assess a company's profitability by comparing its income to a particular base, such as revenue or assets.

Capital Balance

The amount of money invested in a business by its owners or shareholders, reflected in the company's balance sheet.

Revenue Accounts

These accounts track the income earned by a company from its sales or services before any deductions are made.