Gaining new business, sustaining reseller partnerships, and managing customers are business market process for delivering value

Like an instrument panel in a vehicle, a(n) __________ is a managerial report that displays easy-to-read graphics on critical information, such as sales, orders, costs, and shipments

Fill in the blank(s) with the appropriate word(s).

The preparation of closing entries:

a. is an optional step in the accounting cycle. b. results in zero balances in all accounts at the end of the period so that they are ready for the following period's transactions. c. is necessary before financial statements can be prepared. d. results in transferring the balances in all temporary accounts to Retained Earnings.