What Is VoIP

question 68

Multiple Choice

What is VoIP?

• A)VoIP uses IP technology to transmit telephone calls.
• B)VoIP offers the low-cost ability to receive personal and business calls via computer.
• C)VoIP offers the ability to have more than one phone number.
• D)VoIP offers all of these.

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Definitions:

Accounts Receivable

The amount of money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Credit Card Expense

Expenses incurred by using a credit card, typically involving interest charges and other fees.

Administrative Expense

Costs related to the general operation and administration of a business, including salaries of executive staff, office supplies, and utilities, but not directly tied to production or sales.

Promissory Note

A financial instrument in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand.