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Critical Thinking Questions Case 9-2 You have just been hired as the computer administrator for a brand-new startup company and your first task is to select the desktop operating system that you will suggest to the head of the IT team as the one you recommend for the office. The company would like to make sure that the operating system used on its desktops is open source because it believes strongly in the philosophy of this kind of OS. Which of the following is an option for you in light of this recommendation?
Installment Note
A loan that requires regular payments, or installments, of principal and interest over a set period, often used for buying large, expensive items.
Journal Entry
A record in accounting that represents a transaction or financial event affecting the entity's financial statements, involving at least one debit and one credit.
Annual Year-End
The conclusion of a 12-month financial year period on which a company's annual financial statements are based.
Installment Note
A loan or credit agreement that requires a fixed number of payments over a specified period of time.
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