A Computer Program or an Electronic or Other Automated Means

question 27

Multiple Choice

A computer program or an electronic or other automated means used independently to initiate an action or respond to electronic records or performances in whole or in part,without review or action by an individual,is known as a(n) ________.

• A)electronic agent
• B)electronic record
• C)firewall
• D)operating system

Recognize the decentralized nature of Internet management and its related challenges.

Understand the concept and advantages of packet switching in networks.

Differentiate between the Internet and the World Wide Web and understand the role of protocols and domain names in navigating the web.

Understand the concept and application of the direct method in preparing the statement of cash flows.

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Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, granting holders voting rights and a share in the company's profits through dividends.

Statement of Cash Flows

A financial report that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.

Operating Activities

Activities that relate directly to the operations of a company, including cash flows from selling goods and services.

Indirect Method

A method for preparing the cash flow statement where net income is adjusted for changes in balance sheet items to calculate cash flow from operating activities.