Which of the Following Is True

question 103

Multiple Choice

Which of the following is true?

• A) If you create your own multimedia files, you need to be concerned with licensing agreements.
• B) You can create your own audio files using a microphone and software designed to edit digital files.
• C) If you create your own multimedia files, they may not be the same quality as those that are created professionally.
• D) Many software options are available today for audio creation and editing.

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Definitions:

Adjusting Journal Entries

Entries made in accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

NSF Check

A check that cannot be processed due to insufficient funds in the account of the drawer, commonly known as a bounced check.

Bank Service Charge

Fees charged by a bank for the maintenance of account services and other banking transactions.

Bank Reconciliation

The process of matching and comparing figures from the accounting records against those shown on a bank statement to ensure consistency.