For Most Law-Enforcement-Related Computing Investigations, the Investigator Is Limited to Working

question 6

Short Answer

For most law-enforcement-related computing investigations, the investigator is limited to working with data defined in the search ____________________.

Interpret the impact of net income or net loss on financial statements from an end-of-period spreadsheet.

Describe and prepare a classified balance sheet.

Understand and execute closing entries in the accounting cycle.

Understand and perform the process of journalizing reversing entries and their impact on financial statements.

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Definitions:

Variable Cost

consists of costs that vary with the level of output, such as materials and labor costs, different from fixed costs.

NPV

Net Present Value; a financial metric used to assess the profitability of an investment by calculating the difference between the present value of cash inflows and outflows associated with the investment.

Default Chance

The probability that a borrower will fail to meet the obligations of a loan or debt.

Monthly Interest Rate

The percentage of a sum of money charged for its use per month, often used in reference to loans or credit balances.