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Match Each of the Following Terms to Its Definition

question 69

Multiple Choice

Match each of the following terms to its definition:
I. Defragment and Optimize Drives
II. Task Manager
III. System Restore
IV. File History, File Recovery
V. Disk Cleanup


Definitions:

Interim Financial Statement

Financial reports covering a period of less than one full fiscal year, providing a snapshot of a company's financial position during the year.

LIFO Liquidations

The process of using older inventory costs in the cost of goods sold, which can artificially increase profit margins during times of inflation but can also lead to inventory shortages.

Operating Segment

A component of a business that engages in business activities from which it may earn revenues and incur expenses, and for which separate financial information is available.

U.S. GAAP

United States Generally Accepted Accounting Principles, a set of rules and guidelines meant to ensure financial reporting consistency and transparency.

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