Since Most Web Users Today Are Very Competent with Technology

question 139

True/False

Since most Web users today are very competent with technology, most Web sites do not need site maps or need to be easily navigated.

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Definitions:

Salvage Value

The estimated resale value of an asset at the end of its useful life, used in calculating depreciation.

Adjusting Entry

An accounting record created at the close of an accounting period to distribute expenses and revenue to the correct period.

Straight-Line Depreciation

A technique that distributes the expense of a physical asset evenly over its lifetime in yearly installments.

Ending Inventory

The total value of goods available for sale at the end of an accounting period, calculated as beginning inventory plus purchases minus cost of goods sold.