Case 3 Melissa Is About to Create an E-Mail Account

question 172

Multiple Choice

Case 3 Melissa is about to create an e-mail account. She plans to use her e-mail account to contact her many friends and to aid in the search for a job. She plans to e-mail her resume with a general message to each of the potential employers. The same message can be used for each of the recipients. To e-mail her resume as an attachment, Melissa should try to make sure that the size of the attachment is ____ or less.

• A) 10 KB
• B) 50 KB
• C) 100 KB
• D) 200 KB

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Definitions:

Prepaid Expenses

Costs paid for in advance of their use or consumption, recorded as assets on a balance sheet and gradually expensed over the period of use or benefit.

Direct Method

A way of preparing the cash flow statement where actual cash flows from operating activities are listed directly.

Administrative Expenses

Costs related to the general administration of a business, such as salaries of office staff, rent, and utilities.

Cash Basis

A method in accounting where revenues and expenses are recorded only when cash is received or paid out, respectively.