CASE Critical Thinking Questions

question 34

Multiple Choice

CASE Critical Thinking Questions
Case 11-1
Edward has developed an online grocery shopping site. He wishes to increase its search engine optimization (SEO) . Optimizing a website involves editing the content and HTML code in the webpage to increase its relevant keywords and to remove barriers to the page indexing functions of search engines.
Edward wishes to provide a description about the site, which will be displayed below the link of the site. How many characters, at most, is recommended to use in the description meta tag?

• A)180 characters
• B)160 characters 
• C)200 characters
• D)1024 characters

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Definitions:

Net Income

Represents the amount of earnings left over after all expenses, taxes, and costs have been deducted from total revenue, often considered a key indicator of a company's profitability.

Net Loss

A financial situation where a company's total expenses exceed its total revenues in a specific accounting period, leading to a decrease in equity.

Balance Sheet

A financial statement that shows the assets, liabilities, and equity of a company at a specific point in time, providing a snapshot of its financial condition.

Adjusted Trial Balance

A statement listing all accounts and their balances after adjustments have been made, serving as the basis for financial statements.