Case 5-1 The World of the Internet Can Be Overwhelming. It Takes

question 63

Multiple Choice

Case 5-1
The world of the Internet can be overwhelming. It takes time to understand the community and its players. For each of the following questions, look at the organizations, businesses, or individuals listed, and then determine what they represent as a whole.
Router manufacturers and makers of the latest Web browser and smartphones are _____.

• A)government corportations
• B)key Internet organizations
• C)hardware and software companies
• D)users

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Definitions:

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts.

Ledger Accounts

Individual records providing detailed information about all the transactions related to a specific account, kept in the ledger of a company.