Which of the Following Statements Is True of Intranets

question 20

Multiple Choice

Which of the following statements is true of intranets?

• A) It is used for external communications.
• B) It is used to encourage a conversation between customers.
• C) It refers to public computer networks accessible to all online viewers.
• D) It facilitates collaboration between teams in an organization.

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Definitions:

LIFO

In the Last In, First Out method, the newest items in the inventory are the first to be sold.

Inventory Turnover

A financial ratio that measures the number of times a company sells and replaces its stock of goods during a given period, indicating efficiency in inventory management.

LIFO Reserve

The difference between the cost of inventory calculated under the Last-In, First-Out (LIFO) method and its cost calculated under the First-In, First-Out (FIFO) method.

Historical Cost

The original monetary value of an asset or investment at the time of its purchase, disregarding inflation over time.