Information That Can Be Entered Via a Keyboard and Is

question 33

Multiple Choice

Information that can be entered via a keyboard and is directly readable and printable is ________.

• A)audio
• B)graphic
• C)video
• D)text

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Definitions:

Long-term Gain

The profit from the sale of an asset held for more than a year, subject to lower capital gains tax rates.

Investment Portfolio

A collection of assets including stocks, bonds, mutual funds, and other investments held by an individual or an institution.

Recognize

In an accounting context, to recognize is to formally record an item within the financial statements of an entity, acknowledging its existence or occurrence.

Short-term Capital Loss

A loss realized from the sale or exchange of a capital asset held for one year or less, which can be used to offset capital gains for tax purposes.