In the variable-cost approach, the markup percentage covers the

Adjusting the accounts is the process of

a. subtracting expenses from revenues to measure net income b. recording transactions as they occur during the period c. updating the accounts at the end of the period d. zeroing out account balances to prepare for the next period

Complex networks can be represented by reducing them to simple networks, and then representing the simple networks using ________

A) indexes or linked lists B) linked lists or sequential lists C) sequential lists or indexes D) trees