ChicagoCrime

question 1

Multiple Choice

ChicagoCrime.org, which combines Google Maps with crime data for the city of Chicago, is an example of:

• A)cloud computing.
• B)SOA.
• C)a widget.
• D)a mashup.

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Definitions:

Estimated Items

Financial statement items that require a degree of estimation by management to determine the appropriate values to record.

Prepaid Assets

Expenses paid in advance which are recorded as assets because they provide future economic benefits to the company.

Trial Balance

A bookkeeping report that lists the balances in each of an organization's general ledger accounts at a specific time.

General Ledger

The primary accounting record of a company that contains all the financial accounts and transactions of a business.