The Major Form of Encoding Is _________

question 16

Multiple Choice

The major form of encoding is _________.

• A)language
• B)binary
• C)alphanumeric
• D)base 10

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Definitions:

Credit Balance

A situation where the total credits in an account exceed the total debits, often indicating the amount owed to a creditor.

Debits

Accounting entries that increase an asset or expense account, or decrease a liability or equity account, on a company's balance sheet.

Revenue Account

An account that tracks the income generated from the sale of goods or services before any expenses are subtracted.

Asset Account

An account on a company's balance sheet that represents tangible or intangible items of value owned by the company.