Which of the Following Statements Is True of an Intranet

question 47

Multiple Choice

Which of the following statements is true of an intranet?

• A) It increases the costs and time of document production.
• B) It aids the duplication and distribution of documents.
• C) It helps organizations move from a calendar-based document-publishing strategy to one that is based on events.
• D) It inhibits the sharing of software, such as an office suite or a database management system.

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Definitions:

FIFO

"First In, First Out," an inventory valuation method where the first items purchased or produced are the first to be sold, affecting the cost of goods sold and inventory valuation.

Cost Of Goods Sold

The direct costs attributable to the production of goods sold by a company, including materials, labor, and overhead.

Lower Of Cost

The accounting principle that dictates inventory items are recorded at the lower of either their cost or market value if the market value is less.

Net Realizable Value

The estimated selling price of goods minus the cost of their sale or disposal, often used to evaluate inventory or accounts receivable.