A(n)_____ Is a Network Designed to Serve the Internal Informational

question 57

Multiple Choice

A(n) _____ is a network designed to serve the internal informational needs of a single organization.

• A)global network
• B)extranet
• C)Internet
• D)intranet
• E)World Wide Web

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Definitions:

Commercial Substance

A situation where the future cash flows of a business are expected to change significantly as a result of a transaction.

Plant Assets

Long-term tangible assets used in the operation of a business that are not intended for sale.

Recognized Immediately

The principle of recording revenues or expenses in the accounting period when they occur, regardless of when cash is received or paid.

Asset Turnover

A financial ratio indicating how efficiently a company uses its assets to generate sales.