Which of the Following Represents the Three Channels in the Social

question 35

Multiple Choice

Which of the following represents the three channels in the social community zone?

• A)Social networking sites,message boards and forums,and wikis.
• B)Microsharing sites,media sharing sites,and news sites.
• C)Social games and gaming sites,socially enabled console games,and alternate reality games.
• D)Reviews and ratings,deal sites and deal aggregators,and social storefronts.
• E)The internet,social software,and social media users.

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Definitions:

Permanent Accounts

Accounts that carry their ending balances over to the next accounting period and are not closed out.

Adjusting Entries

Journal entries made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Accruals

Accounting adjustments for revenues that have been earned or expenses that have been incurred but not yet recorded through daily entries.

Deferrals

Expenses or revenues that have been recorded but not yet realized. This can involve money that has been received or paid but not yet earned or incurred.