Software That Allows Application Software to Interact with a Computer

question 36

True/False

Software that allows application software to interact with a computer is called system software.

Understand the concept and importance of issues management in relation to economic and technological challenges.

Recognize the role and implications of the political-legal environment on business management.

Appreciate the significance of diversity management in achieving organizational goals.

Identify the impact of political activities, such as PACs, on business operations.

---

Definitions:

Percent of Receivables Method

An accounting method used to estimate the amount of a company's receivables that will not be collected.

Bad Debts Expense

The portion of accounts receivable that a company does not expect to collect, recognized as an expense in financial accounting.

Allowance for Doubtful Accounts

An estimation of the amount of accounts receivable that may not be collected, which is used to reduce the total accounts receivable balance.

Cash Loan

A sum of money borrowed that must be paid back with interest.