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Planning Processes

question 14

Multiple Choice

Planning processes:

Identify various IT positions and understand their attractiveness based on personal ambition and industry demand.
Understand the structure and purpose of databases.
Understand the basics of networking and its importance in connecting computers to share resources.
Reflect on the positive and negative effects of IT on personal life and society.

Definitions:

Indirect Method

A cash flow statement presentation technique where net income is adjusted for changes in balance sheet accounts to calculate operating cash flow.

Indirect Method

A technique used in cash flow statement preparation where net income is adjusted for non-cash transactions to calculate operating cash flows.

Cash Dividends

Payments made by a corporation to its shareholder members from earnings, typically in the form of cash.

Net Income

The amount of money remaining after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from a company's total revenue.

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