An Extranet Is a Network Inside an Organization That Uses

question 115

True/False

An extranet is a network inside an organization that uses Internet technologies to provide an Internet-like environment within the enterprise.

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Definitions:

Adjustments

Corrections or changes made to the book balances of accounts to reflect more accurate values in financial accounting.

Payroll

The total amount of wages, salaries, and other earnings that a company pays to its employees.

Workweek

A fixed, standard period used for labor scheduling and payroll, commonly defined as a set number of hours or days that an employee works.

Adjusting Entry

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