Web 4.0 Was the First To

question 1

Multiple Choice

Web 4.0 was the first to:

• A)deliver static content to internet users.
• B)add more socially-based sites such as Facebook.
• C)include cloud operations and web participation.
• D)incorporate real-time communications.

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Definitions:

Prepaid Expense

An expense that has been paid in advance and recorded as an asset until it becomes an actual expense.

Accrued Revenue

Income earned but not yet received, representing goods or services provided to customers on credit.

Supplies Used

The total value or quantity of materials and supplies consumed during a production or operational period.

End-Of-Period Adjusting Entries

Entries recorded in journals at the close of an accounting cycle to refresh the balances of accounts prior to the compilation of financial statements.