____________________ Practice Consists of a Large Number of Relatively Short

question 132

Short Answer

____________________ practice consists of a large number of relatively short study sessions, while long, uninterrupted study sessions are called ____________________ practice.

---

Definitions:

Ledger

A comprehensive collection of a company's accounts, in which transactions are recorded from the journal and summarized, showing current balances.

Net Income

The net income of a business once all costs and taxes are subtracted from its revenues.

Transactions

Economic events that require recording in the financial statements because they affect assets, liabilities, or equity.

Common Stock

A type of equity security representing ownership in a corporation, entitling holders to vote on corporate matters and receive dividends.