Mike Creates a Graph on His Computer Using a Spreadsheet

question 29

Multiple Choice

Mike creates a graph on his computer using a spreadsheet application. He uses the mouse as the peripheral device with the computer. Which of the following serves as an intermediary between application programs and the computer's hardware that allows Mike to complete his work?

• A)Hard drive
• B)Buffer
• C)Operating system
• D)Input device

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Definitions:

GAAP

Generally Accepted Accounting Principles, standard guidelines and procedures for financial accounting and reporting in the U.S.

Indirect Method

A method used in cash flow statements where net income is adjusted for items that affected reported net income but did not result in an actual cash flow.

Direct Method

A cash flow statement presentation that lists actual cash inflows and outflows from operating activities.

FASB

The Financial Accounting Standards Board (FASB) is an organization responsible for establishing and improving financial accounting standards in the United States.