Approximately How Much Material Is Being Uploaded to YouTube Every

question 18

Multiple Choice

Approximately how much material is being uploaded to YouTube every minute making it difficult to review all material submitted for posting?

• A)120 hours
• B)300 hours
• C)230 hours
• D)400 hours

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Definitions:

Gross Method

An accounting approach for recording purchases at the invoice price without deduction of any cash discounts offered.

Perpetual Inventory System

A strategy for managing inventory accounting that utilizes computerized point-of-sale systems and enterprise asset management software to immediately document sales or purchases.

Accounts Payable

Obligations a business has to its creditors, arising from the purchase of goods and services on credit.

Perpetual Inventory System

A system for accounting inventory that instantly captures the transactions of buying or selling via computerized point-of-sale systems and software for enterprise asset management.