A Binary Digit Is Called A(n)________

question 22

Short Answer

A binary digit is called a(n)________.

---

Definitions:

Bank Reconciliation

Aligning an organization's cash account records in its accounting books with the relevant details found in a bank statement.

Bank Statement Adjustment

The process of reconciling differences between the balance shown on a bank statement and the amount shown in a company's financial records.

Interest Revenue

Income that is earned from investments, loans, or any other interest-bearing assets.

Internal Control

A process designed to ensure the reliability of financial reporting, compliance with laws and regulations, and effective and efficient operations.