Which of the Following Is True of an ISP

question 3

Multiple Choice

Which of the following is true of an ISP?

• A)An ISP converts digital data in the user's computer to an analog signal.
• B)An ISP facilitates a one-way information transfer process between the user's computer and the Internet.
• C)An ISP provides free access to the Internet.
• D)An ISP serves as a user's gateway to the Internet.

Recognize the fundamental financial concepts necessary for starting a business, including initial capital requirements and financing options.

Distinguish between debt and equity financing and their implications for business financing.

Define key financial terms such as principal, interest, and dividends.

Classify assets based on their liquidity and intended conversion period into cash.

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Definitions:

Tax Depreciation

The allowance for a decrease in the value of business assets for tax purposes, calculated under specific regulations and used to reduce taxable income.

Book Depreciation

The depreciation of an asset recorded in the financial statements of a business, calculated using the chosen depreciation method.

Tax Rate

The percentage at which an individual or corporation is taxed, which can vary depending on income level, type of tax, or jurisdiction.

Deferred Tax

A tax obligation that a company owes in the future due to timing differences between its taxable income and its accounting earnings.