Which of the Following Is True of Web Conferencing

question 56

Multiple Choice

Which of the following is true of Web conferencing?

• A)Web conferencing distributes a digital media file over the Internet using syndication feeds.
• B)Web conferencing is sold as a service that is hosted on a Web server and controlled by a vendor.
• C)Web conferencing is a business model in which the core product is given away free of charge to users.
• D)Web conferencing automatically delivers updated posts to subscribers from their favorite blogs.

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Definitions:

Closing Entry Process

The procedure at the end of an accounting period to prepare the accounts for the next period by clearing out revenues and expenses into the Retained Earnings account.

Temporary Accounts

Accounts used to collect information during a single accounting period, which are then transferred to permanent accounts at the end of the period.

Permanent Accounts

Accounts that carry their ending balances over into the next accounting period; these include asset, liability, and equity accounts.