Which of the Following Can Be Cited as an Example

question 99

Multiple Choice

Which of the following can be cited as an example of a digital divide?

• A) Unlike Joey, Ryan has access to more books and good advice because he studies in a better school.
• B) Unlike Ben, Claudia possesses superior analytical skills that make her better at mathematics.
• C) Kevin has better chances of promotion when compared to Vincent because of his people skills.
• D) Lora has access to more information than Frank because she knows how to operate a computer.
• E) Sam has better multitasking skills than Neal that make him a better manager.

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Definitions:

Recorded as Revenue

The recognition of income when earned by the company, typically upon delivery of goods or completion of services.

Installment Sales Method

The installment sales method is an accounting technique used to recognize revenue and expenses for sales made on credit, wherein income is recognized as installment payments are received.

Recognizing Profit

The process of formally acknowledging and recording income on the financial statements when it is earned, regardless of when the cash is received.

Reasonably Assured

A level of certainty in the ability to achieve a particular outcome, often used in the context of revenue recognition and lease agreements.