One Type of Server Which Acts as an Electronic Post

question 82

Multiple Choice

One type of server which acts as an electronic post office is called a ________.

• A) file server
• B) mail server
• C) Web server
• D) commerce server

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Definitions:

MACRS Depreciation

A method of accelerated depreciation allowed by the IRS for tax purposes, applicable to tangible assets over their useful lives.

Percentage-Of-Completion Method

An accounting method that recognizes revenue and expenses of long-term contracts as a percentage of work completed during the period.

Completed-Contract Method

This is an accounting method that recognizes revenues and expenses from a long-term contract only when the contract is completed.

Deferred Tax Liability

A tax obligation that is recorded on the balance sheet but not yet due, arising from temporary differences between the accounting and tax treatment of transactions.