Which of the Following Is an Example of a Personal

question 30

Multiple Choice

Which of the following is an example of a personal information system?

• A)scheduling of groundskeeping
• B)contact manager
• C)charging of membership fees
• D)ordering of restaurant supplies from suppliers

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Definitions:

Equity Method Investments-Ferris

A specific example or case of using the equity method for accounting for investments in which an investor has significant influence over the investee, but does not control it.

Cash Dividends

Payments made by a company to its shareholders out of its profits in the form of cash.

Net Income

The final amount of profit a company makes after subtracting costs, taxes, and expenses from its gross revenue.

Fair Value

An estimated market value of an asset or liability based on current market prices or valuations.