Which Statement About Web 2.0 Is True

question 14

Multiple Choice

Which statement about Web 2.0 is true?

• A) the World Wide Web is used as a platform for sharing personal information
• B) the Web 2.0 browser is the one that succeeded Mosaic
• C) it is a new protocol that has been approved by the W3C
• D) it refers to the use of XML to replace EDI over the Internet

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Definitions:

Managerial Accounting

The process of preparing management reports and accounts that provide accurate and timely financial and statistical information required by managers to make day-to-day and short-term decisions.

General-Purpose Reports

General-purpose reports are financial statements designed to meet the broad information needs of external users, such as shareholders and creditors, rather than tailored for specific managerial requirements.

Managerial Accounting

This branch of accounting focuses on providing information to managers within an organization to aid in decision-making and financial management.

Entity

In accounting and finance, an entity refers to any organization, company, or individual that has a distinct existence for legal or tax purposes.