Examlex

Solved

In Describing a Client/server System,the Software Needed to Support the Interactions

question 33

Multiple Choice

In describing a client/server system,the software needed to support the interactions between the clients and the server is called:


Definitions:

Accrual-Basis

An accounting method that records income and expenses when they are earned or incurred, regardless of when the cash is actually received or paid.

Cash-Basis

An accounting method where revenues and expenses are recorded when they are actually received or paid, not when they are incurred.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period of time.

Prepaid Insurance

An asset on the balance sheet that represents insurance paid in advance, which will be expensed over the time period it covers.

Related Questions