An Online University from Which Students Take Classes from Home

question 47

Multiple Choice

An online university from which students take classes from home or other offsite locations,usually via the Internet best describes

• A) Web 2.0 university.
• B) click and mortar university.
• C) distant university.
• D) virtual university.

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Definitions:

Note Receivable

A written promise to receive a specific amount of money at a future date.

Cash To Be Received

Expected cash inflows from various sources, such as sales, loans, and investments, not yet received but anticipated in the future.

Interest Rate

The percentage of the loan amount charged to the borrower as interest, usually presented as an annual rate.

IFRS

The International Financial Reporting Standards are a set of global accounting standards developed by the IFRS Foundation for preparing financial statements.