Natalie Notices a Lightning Bolt Icon Has Replaced the Number

question 62

Multiple Choice

Natalie notices a lightning bolt icon has replaced the number in the animation sequence icon. She knows that this indicates that the animation _____.

• A)is on hold
• B)lasts longer than 10 seconds
• C)has narration
• D)has a trigger

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Definitions:

Adjustment

The process of making modifications to financial records or accounts to ensure their accuracy and compliance with accounting principles.

Income Statement Approach

A method of estimating certain account balances within an income statement, focusing on revenues and expenses to indirectly calculate other figures.

Allowance for Doubtful Accounts

A contra-asset account that reduces the total amount of accounts receivable to reflect those that are expected to go uncollected.