Match the Terms with the Definitions

question 99

Multiple Choice

Match the terms with the definitions.
-The period of time required to purchase supplies and services and convert them back into cash.

• A)account form of balance sheet
• B)accounting cycle
• C)classified balance sheet
• D)closing process
• E)current assets
• F)current liabilities
• G)Income Summary
• H)long-term liabilities
• I)operating cycle
• J)permanent accounts
• K)post-closing trial balance
• L)property, plant, and equipment
• M)report form of balance sheet
• N)temporary accounts

Identify jobs in e-commerce that can be performed remotely and those that require physical presence.

Recognize the significance of compliance and security requirements in electronic transactions.

Understand how cloud computing characteristics support remote work and business scalability.

Acknowledge the role of netiquette and security considerations in the digital environment.

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Definitions:

Majority of Shareholders

The group or individual shareholders who own more than half of a company's shares, granting them significant influence over company decisions.