Which of the Following Is True of Facebook

question 46

Multiple Choice

Which of the following is true of Facebook?

• A)It is a corporate blog designed to allow marketing managers to maintain a two-way dialogue directly with end users.
• B)It allows companies to broadcast from their own channel, that is, a site that contains content relevant only to the company's own products.
• C)It enables sharing updates, news, and opinions, as well as monitoring popular news stories and tracking growing trends.
• D)It is designed as a platform for gaming communities to interact online and draw in new customers interested in gaming.
• E)It is an exclusive forum for professionals and entrepreneurs to build their networks.

Recognize the importance of information validation and criteria for decision making.

Comprehend the principles of ethical decision making.

Understand the role and impact of information technology in decision making.

Identify drivers and barriers to creativity in organizational decision making.

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Definitions:

Ledger Accounts

Individual accounts within the ledger that record transactions related to a company's assets, liabilities, equity, revenue, and expenses.

Journal

A detailed record where all financial transactions of a business are initially recorded before being transferred to the accounts in the general ledger.

Transaction Recording Process

The methodical process of recording financial transactions in the books of accounts to ensure accurate financial reporting.

Journal

A chronological record of all transactions made by a company, used as the primary source of information for the financial statements.