A Virus

question 12

Multiple Choice

A virus

• A)can interfere with the operation of your computer.
• B)is a product of malice.
• C)can be spread by using an infected disk.
• D)all of these choices.

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Definitions:

Capital Paid

The total amount of money that investors have contributed to a corporation by purchasing shares of stock, also known as paid-in capital.

Retained Earnings

The portion of a company's profits that is kept or retained rather than paid out as dividends to shareholders.

Closing Entries

The journal entries that transfer the balances of temporary accounts to permanent accounts at the end of the accounting period.

Financial Loss

A decrease in net income resulting from expenses exceeding revenues or due to asset devaluation, not typical of the company's usual business operations.