A Particularly Strong Expansion Is Called A(n)

question 103

Multiple Choice

A particularly strong expansion is called a(n) :

• A)output excess.
• B)boom.
• C)growth recession.
• D)bonanza.

---

Definitions:

Cash Equivalents

Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value.

Printed Checks

A method of payment involving a paper document that orders a bank to pay a specific amount of money from a person's account to another individual or entity.

Technological Controls

Systems and solutions implemented to manage and control technology infrastructure, ensuring the efficiency and security of operations and data.

Adequate Records

A system of keeping accurate and complete financial records that comply with legal and regulatory standards.