After Data Entry,the Next Step in the Transaction Process Is

question 48

Multiple Choice

After data entry,the next step in the transaction process is

• A)document preparation.
• B)processing data.
• C)storing and updating data.
• D)user inquiry.

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Definitions:

Debt to Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

Total Liabilities

The total of all financial obligations a company owes to outside parties, including debts, accounts payable, and other obligations.

Stockholders' Equity

Stockholders' Equity is the residual interest in the assets of a corporation that remains after deducting its liabilities.

Debt to Assets Ratio

A financial ratio indicating the proportion of a company's assets that are financed through debt.