Critical Thinking Questions Case 3-1

question 114

Multiple Choice

Critical Thinking Questions
Case 3-1
You have had your desktop for several years and you have decided that it is time for you to purchase a new one. Before heading online to make your purchase, you re-familiarize yourself with a buyer's guide that you found in your Discovering Computers textbook.
-Which of the following is not a hidden cost to which the buyer's guide refers?

• A) bundled software
• B) computer furniture
• C) UPS
• D) router

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Definitions:

Bank Statement

A bank statement is a summary of all transactions in an account, provided by the bank to the account holder, usually on a monthly basis.

Adjusted Cash Balance

The cash amount reported in financial statements, adjusted for outstanding checks and deposits in transit, to reflect the actual available cash.

Accountant

A professional responsible for managing and examining financial records, preparing financial statements, and ensuring compliance with legal requirements.

Purchase Requisition

A document generated by a company department to request that the purchasing department procure a specific quantity of goods or services.