Creating A(n) ____ Means Making a Duplicate Copy of Important

question 26

Multiple Choice

Creating a(n) ____ means making a duplicate copy of important files so that when a problem occurs, you can restore those files using the backup copy.

• A) mirror
• B) backup
• C) index
• D) hidden file

Analyze and prepare basic financial statements (income statement, balance sheet, statement of retained earnings).

Describe the effects of business transactions on the accounting equation.

Identify and classify different types of business activities (operating, investing, financing).

Understand the fundamental concepts and assumptions underlying accounting (monetary unit assumption, going concern assumption, separate entity assumption).

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Definitions:

Team Potency

The collective belief among team members that they can be effective and achieve their goals together.

Network Centralization

A measure of the extent to which network ties are concentrated in one or a few nodes or individuals within a network, impacting communication and power dynamics.

Integration

The process of combining different systems, processes, or organizational functions to work more effectively as a whole.

Consistency

Refers to the adherence to the same principles, course, form, etc., over time.