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__________ Is the Process of Performing Authorized Queries and Deducing

question 28

Multiple Choice

__________ is the process of performing authorized queries and deducing unauthorized information from the legitimate responses received.


Definitions:

Journal

A detailed record where all financial transactions of a business are initially recorded before being summarized in the ledger.

Ledger

A ledger is a comprehensive collection of accounts used in accounting to record and summarize all financial transactions.

Capital Account

An account used for a proprietorship that represents the owner’s equity.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time.

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