Which of the Following Best Describes Location-Based Social Networking Sites

question 6

Multiple Choice

Which of the following best describes location-based social networking sites?

• A)They are a hybrid of media sharing and social networking sites.
• B)They distribute digital audio and video files serially for other people to listen to or watch.
• C)They allow users to archive and share photos and interesting external links.
• D)They combine the fun of social networking with the utility of location-based GPS technology.

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Definitions:

Sales Adjusted

The revision of sales figures to account for returns, allowances for damaged goods, and discounts given.

Cash Basis

An accounting method where transactions are recorded when cash is received or paid, without regard to when the transactions occurred.

Selling and Administrative Expense

Costs incurred by a company from its selling activities and the management of the overall company, excluding production costs.

Cash Basis

A bookkeeping approach that only recognizes earnings and outgoings at the time cash is exchanged.