MATCHING Match Each Item with a Statement Below

question 40

Short Answer

MATCHING
Match each item with a statement below:
a.ANSI
f.Session layer
b.EIA/TIA
g.Transport layer
c.IEEE
h.Network layer
d.ISOC
i.Physical layer
e.Presentation layer
-Coordinates and maintains communications between two nodes on the network.

---

Definitions:

Adjusting Entries

Journal entries made at the end of an accounting period to update account balances before preparing financial statements.

Operating Expenses

Costs associated with the day-to-day functions of a business excluding the cost of goods sold.

Fiscal Year

A fiscal year is a one-year period designated for accounting and financial reporting purposes, differing from the traditional calendar year.

Ledger

The principal book or computer file for recording and totaling economic transactions measured in terms of a monetary unit of account by account type.