Confidentiality, Integrity, and Availability Form What Is Often Referred to as the _____

question 29

Short Answer

Confidentiality, Integrity, and Availability form what is often referred to as the _____.

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Definitions:

Unearned Rent

Income received before the period to which it applies, requiring deferred revenue recognition until the service (rental period) is provided.

Adjusting Entry

An adjusting entry is a journal entry made in accounting records at the end of an accounting period to allocate income and expenditures to the appropriate period.

Prepaid Expense

Payments made in advance for goods or services to be received in the future, recognized as assets until used.

Adjusting Entry

A financial record created at the close of an accounting period to assign earnings and expenses to the time they truly took place.