Sites That Are Open to People Who Are Not Affiliated

question 26

Multiple Choice

Sites that are open to people who are not affiliated with the site's sponsor are considered which of the following?

• A)Activity stream.
• B)Backchannel.
• C)Niche market.
• D)External social network.
• E)Internal social network.

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Definitions:

Recording Process

The act of documenting financial transactions systematically in the books of accounts of a business.

Journal

An elaborate log that captures every financial transaction of an enterprise, initially entered prior to its transfer to the accounts within the general ledger.

Ledger

A comprehensive collection of accounts that records all financial transactions of a business, serving as the principal book for accounting.

Trial Balance

An accounting report that lists the balances of all ledger accounts to ensure that debits equal credits, used for internal checks.