Which of the Following Statements Is False

question 38

Multiple Choice

Which of the following statements is false?

• A) Social networks can be used to achieve strategic objectives.
• B) The only downside of social networks is the required bandwidth.
• C) Social networks can be implemented on a secure platform.
• D) Social networks take the place of traditional employee directories.
• E) Social networks can offer personal pages as well as business pages.

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Definitions:

Certificates of Deposit

Fixed-term financial instruments issued by banks that pay interest until maturity, when they can be redeemed for the original amount plus accrued interest.

Petty Cash

A small amount of cash on hand used for covering minor expenses in a business.

Current Asset

A current asset is an asset that is expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer.

Bank Checking Account

A bank account that allows the holder to deposit and withdraw money and write checks.