The Capabilities of Smart Phones Include All of the Following

question 42

Multiple Choice

The capabilities of smart phones include all of the following except _________.

• A)A calculator
• B)E-mail
• C)A global positioning system
• D)Corporate transaction processing
• E)A fully-functioning Internet browser

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Definitions:

Petty Cash Fund

A small amount of cash kept on hand within a business for minor, day-to-day expenses.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.

Highly Liquid Investments

Investments that can be quickly converted into cash without a significant loss in value.

Specific Amount

A precise quantity or financial figure identified within a transaction or financial statement, not generalized or estimated.