Software for Organizing Storage and Retrieval of Information Is A(n)

question 24

Multiple Choice

Software for organizing storage and retrieval of information is a(n)

• A)record.
• B)database program.
• C)platform.
• D)data warehouse.

---

Definitions:

Journal Entry

A record in accounting that notes every financial transaction in the books via debits and credits.

Balanced Entry

An accounting entry where the sum of debits equals the sum of credits, maintaining the balance of the accounting equation.

Owner's Capital

The amount of equity a business owner has invested in the firm plus any profits retained in the business.

Revenues

The income generated from normal business operations and other activities.