Match the Term on the Left to Its Corresponding Example

question 32

Multiple Choice

Match the term on the left to its corresponding example or definition on the right.
-pull technology

• A)browser on client computer asks for information
• B)information delivered from the Internet to the client computer
• C)stores user preferences on a client computer
• D)iGoogle or Yahoo!
• E)finds Web pages to match user criteria

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Definitions:

Indirect and Direct Methods

Two approaches for preparing cash flow statements: the direct method reports major classes of gross cash receipts and payments, while the indirect method adjusts net income for changes in balance sheet accounts to calculate cash from operating activities.

Direct Method

An approach in cost accounting that allocates service department costs directly to production departments without considering inter-service department flows.

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding direct labor and materials.

Accrued Expenses

Expenses that have been incurred but not yet paid or recorded in the company's ledger during an accounting period.