Extranets Result in High Internetworking Costs for Companies,which Subsequently Lead

question 11

True/False

Extranets result in high internetworking costs for companies,which subsequently lead to increased losses.

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Definitions:

Temporary

Pertaining to or lasting for a limited time; in accounting, referring to accounts that are closed at the end of each accounting period, such as revenue and expense accounts.

Permanent

Refers to accounts or records in accounting that are not closed at the end of the accounting period and are carried over into the next period.

Temporary

Pertains to something not permanent or lasting only for a limited period of time.

General Journal

A primary accounting record used to record all types of transactions not assigned to any specialized journal.