When Google Released Google+ in an Attempt to Build a Social

question 18

Multiple Choice

When Google released Google+ in an attempt to build a social networking site to compete with Facebook, Facebook promptly made changes within just a few days and more within a few weeks. This competitiveness reflects the basis for an) ________ organization.

• A) urgent
• B) contingent
• C) disposable
• D) divergent

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Definitions:

Purchased

Acquisition of goods or services in exchange for money or its equivalent.

Required

Mandatory or necessary conditions or items specified for a particular purpose or activity.

Adjusting Entry

A journal entry made in accounting records at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.

Fees Earned

Income received from providing services, a form of revenue for professionals and businesses engaged in service activities.