Use the Following to Answer Questions

question 16

Multiple Choice

Use the following to answer questions:
Select the word or phrase from the Terms section that best matches the definition or example provided in the Definitions section.
Terms
-Name given to a major process of settlement and societal organization that occurred in the period 860-1130 C·E·. in what is now northwestern New Mexico; the society formed is notable for its settlement in large pueblos and for the building of hundreds of miles of roads (the purpose of which is not known) .

• A)Meroë
• B)Piye
• C)Axum
• D)Niger Valley civilization
• E)Maya civilization
• F)Teotihuacán
• G)Chavín
• H)Moche
• I)Wari and Tiwanaku
• J)Bantu expansion
• K)Chaco Phenomenon
• L)Mound Builders
• M)Cahokia
• N)Pohnpei
• O)Tonga
• P)mana and tapu
• Q)Yap

Grasp the process of developing business plans in various scales of companies and their review by corporate management.

Understand the importance of detail and comprehensiveness in business plans for conveying the company’s future.

Acknowledge the role and function of various planning documents such as budgets, strategic plans, and financial projections.

Recognize the importance of scenario analysis in planning for risk mitigation.

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Definitions:

Normal Balance

the side (debit or credit) on which increases to an account are recorded, based on the type of account (asset, liability, equity, revenue, or expense).

Contra-Asset

An account that offsets or reduces the balance of a related asset account, such as accumulated depreciation.

Allowance for Doubtful Accounts

An estimation recorded on financial statements reflecting the amounts expected to be uncollected from accounts receivable.