Which of the Following Is the Most Complete and Accurate

question 55

Multiple Choice

Which of the following is the most complete and accurate description of a pure-click company?

• A) These are companies that launch a Web site without any previous existence as a firm.
• B) These firms' business models are based on advertising revenue.
• C) These are established companies that have an online site for selling products.
• D) These companies get paid every time a user visits their Web site.
• E) These companies sell online space to other Web sites and are paid for the service.

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Definitions:

Normal Balance

The side (debit or credit) of an account on which increases to the account are recorded, depending on the account type.

Temporary/Permanent

Refers to the nature of accounts where temporary accounts are closed at the end of an accounting period, and permanent accounts carry their ending balances into the next period.

Accrued Interest Expense

The interest expense that has been incurred but not yet paid, representing the cost of borrowing money for a particular period.

Incurred During

The phrase refers to costs or expenses that happen or accumulate within a specific period.