With Web 1

question 73

Multiple Choice

With Web 1.0 sites, users _________________, whereas with Web 2.0 sites, users _________________.

• A) Use HTML, use CCS
• B) Passively receive information, participate with the site.
• C) Use wired connections, use wireless connections.
• D) Have to know the address of the site, can use search engines to find a site
• E) Did not have to login to find information, have to login in to find information.

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Definitions:

Unearned Rental Revenue

Income received from tenant payments before the rental period has occurred, recorded as a liability until earned through the passage of time.

Rent Revenue

Income generated from leasing out property or equipment to another party.

Direct Method

A way of presenting a cash flow statement where actual cash flows from operating activities are disclosed directly.

IFRS

International Financial Reporting Standards, a set of accounting rules and standards that dictate how financial statements should be reported and are recognized globally.