________________ Include Ethernet and Transmission Control Protocol/Internet Protocol (TCP/IP)

question 53

Short Answer

________________ include Ethernet and transmission control protocol/Internet protocol (TCP/IP).

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Definitions:

Direct Method

A way of allocating service department costs directly to production departments without intermediate steps.

Operating Activities

The day-to-day activities of a business involved in producing and delivering its products and services, generating cash flows from these primary activities.

Income Tax Expense

The total amount of income tax a company is obligated to pay to the government, based on its taxable income for a particular period.

Cash Basis

An accounting method where revenues and expenses are recognized only when cash is received or paid out, respectively.