An Intranet Is a Restricted Network That Relies on Internet

question 22

True/False

An intranet is a restricted network that relies on internet technologies to provide an internet-like environment within the company for information sharing,communications,collaboration,web publishing,and the support of business processes.

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Definitions:

Appropriated Retained Earnings

Portion of retained earnings that a company reserves to be used for specific purposes or to meet future obligations.

Financial Statements

Financial statements are comprehensive reports created from a company's accounting records, presenting the financial performance and position at a specific point in time.

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders and holds in its treasury.

Stockholders' Equity

The value remaining in a company after liabilities are deducted from total assets; also known as shareholder's equity.