Which Statement Below Is Inaccurate

question 73

Multiple Choice

Which statement below is inaccurate?

• A) Web 2.0 is a simple static website without any interaction with its users.
• B) Web 2.0 brings people closer together with information using machines.
• C) Web 3.0 brings machines closer together using information.
• D) Web 3.0 is a rich "intelligent" understanding and relationships among concept and topics.

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Definitions:

Costing System

A method used by organizations to determine the cost associated with producing a product or providing a service.

Managerial Decisions

Decisions made by managers within an organization, which affect the direction and operation of the business.

Underapplied Overhead

A situation where the allocated overhead costs are less than the actual overhead costs incurred.

Cost of Goods Sold

The total cost directly associated with producing the goods that have been sold during a specific period.