A(n)________ Is a Set of Technologies,policies,and Procedures That a Company

question 101

Multiple Choice

A(n) ________ is a set of technologies,policies,and procedures that a company can use to capture and share information throughout the organization.

• A)big-data paradigm
• B)desktop search protocol
• C)recursive process model
• D)intradepartmental database
• E)knowledge management system

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Definitions:

Accumulated Depreciation

The cumulative depreciation expense recorded for an asset from the time it was first utilized.

Artificial Time Periods

A concept in accounting referring to arbitrary time intervals chosen for the purpose of financial reporting, such as quarters or fiscal years.

Cash Basis Accounting

An accounting method where revenues and expenses are recognized when cash is received or paid, rather than when earned or incurred.

Net Income

The total earnings of a company after all expenses and taxes have been subtracted from revenue.