Which of the Following Buttons Is Used to Clear or Reset

question 94

Multiple Choice

Which of the following buttons is used to clear or reset the form fields?

• A) command button
• B) submit button
• C) reset button
• D) clear button

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Definitions:

Income Summary

An account used in the closing process that summarizes the revenues and expenses for a specific accounting period, facilitating the calculation of net income or loss.

Post-Closing Trial Balance

A trial balance prepared after closing entries are made, showing the balances of ledgers that remain for the start of the next period.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against an asset since its purchase.

Depreciation Expense

Methodically dispersing the cost of a physical asset over its serviceable lifetime.