Flow Refers to

question 71

Multiple Choice

Flow refers to

• A) the movement of the reader's eye
• B) the flow of white space
• C) the rate of art work from the creative team
• D) the time frame for the media campaign
• E) the flow of product from the client

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Definitions:

Total Credits

The sum of all credit entries recorded in a financial account, representing increases in assets or decreases in liabilities.

Balance Sheet Columns

The sections in a balance sheet that categorize assets, liabilities, and equity accounts to display the financial position of a business at a certain point in time.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby preparing the accounts for the next accounting period.

Permanent Accounts

Balance sheet accounts whose balances are carried forward to the next accounting period, including assets, liabilities, and equity accounts.