The Extension ____ Identifies a File That Could Have Been

question 93

Multiple Choice

The extension ____ identifies a file that could have been created in a program such as Paint.

• A) xlsx
• B) jpg
• C) docx
• D) none of the above

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Definitions:

Revenue

The total amount of money received by a company for goods sold or services provided during a certain time period.

IFRS

Stands for International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is globally accepted for preparing financial statements.

IASB Standards

International Accounting Standards Board Standards, which are a set of accounting rules followed by companies across the globe to ensure transparency and comparability of financial statements.

Retrospectively Apply

The application of a new accounting policy to transactions, other events, and conditions as if that policy had always been applied.