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Which Certification Program Has Certifications That Require the Applicant to Complete

question 60

Multiple Choice

Which certification program has certifications that require the applicant to complete a written practical assignment that tests the applicant's ability to apply skills and knowledge.


Definitions:

Debit

An accounting entry that results in either an increase in assets or a decrease in liabilities or equity on a company's balance sheet.

Credit

An entry on the right side of a ledger account, representing an increase in liabilities or equity or a decrease in assets; in a broader sense, also refers to the provision of resources by a creditor to a borrower.

Compound Entry

A journal entry that involves three or more accounts.

Journal Entry

A journal entry is a record in the books of accounts that represents a business transaction, detailing the accounts affected and the amounts.

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