To Ensure That Information Is Readily Available for a Team

question 84

Multiple Choice

To ensure that information is readily available for a team, Chas used _____ to create an electronic meeting site for communication where the team members can post, share, and save data and also have team-based online conferences.

• A)a circle network
• B)a communication network
• C)an electronic trail
• D)collaboration software
• E)a chain network

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Definitions:

Market Rate

The prevailing interest rate available in the marketplace for securities or loans.

Journal Entry

A record in the accounting ledger that represents a transaction, including both the debit and credit side to maintain the accounting equation.

Bonds Payable

Bonds payable refers to the amount of money a company owes to bondholders and is recorded as a long-term liability on the company's balance sheet.

Straight-Line Method

An approach to depreciation that divides the cost of an asset evenly over its expected lifespan, resulting in the same depreciation expense annually.