A Final Way to Ensure That a Document Has Not

question 16

Multiple Choice

A final way to ensure that a document has not been changed by an unauthorized user is with a(n) ________ signature,which can be thought of as an electronic version of a written signature.

• A)digital
• B)electronic
• C)automated
• D)verified

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Definitions:

Post-Closing Trial Balance

A list of all accounts still open after closing entries are made, used to ensure that debits equal credits.

Capital

The wealth in the form of money or other assets owned by a person or organization, or available for a purpose such as starting a company or investing.

Purchases

The total cost of goods acquired by a company for resale or use in production during an accounting period.

Freight-In Account

An accounting term for the cost of transporting goods into a business, which is part of the cost of goods sold.