In the Above Figure, Www.cnn.com Is the _____

question 34

Multiple Choice

In the above figure, www.cnn.com is the _____.

• A) Web protocol standard
• B) Web server name
• C) folder name
• D) filename extension

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Definitions:

Accounting Estimates

Assumptions made about future financial transactions that impact the reporting of a company's financial statements, such as allowances for doubtful accounts.

Cumulative Adjustment

An accounting method used to make corrections to cumulative errors in financial statements of previous years.

Prior Period Adjustments

Corrections of errors in previously issued financial statements for periods that have already been reported.

Retained Earnings

The portion of a company's net income that is kept within the company rather than distributed to shareholders as dividends.