Which Term Refers to the Online Means of Communication,conveyance,and Collaboration

question 31

Multiple Choice

Which term refers to the online means of communication,conveyance,and collaboration among the interdependent and interconnected networks of people,communities,and organizations?

• A) Open data partnership
• B) Social media
• C) Synchronous interaction
• D) Asynchronous interaction

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Definitions:

Debit Balances

Refers to the amounts owed by a company or individual that are recorded on the left side of the balance sheet, indicating expenses or assets.

Recording Process

The systematic method of capturing and documenting financial transactions in the accounting records of an organization.

Journal

A detailed record where all financial transactions of a business are initially recorded, serving as the primary source of accounting data.

Ledger Accounts

Financial records that provide a detailed account of all the transactions related to a particular item over a period.