Steve started a Web-based business offering a mechanism for buying and selling antiques. He has set up his company using the ____ model.
A. transaction-based
B. content-based
C. information-based
D. premium-based
Answer: A
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Which term refers to the use of the Internet at work for personal use?
A. cyberloafing B. jargon C. crowdsourcing D. cyberthreat E. media policy
The Property, Plant, and Equipment category includes long-term investments
a. True b. False Indicate whether the statement is true or false
When a company issues a long-term non-interest-bearing note payable in exchange for cash and special rights, the difference between the cash proceeds and the present value of the note is recorded as
A) premium on bonds payable. B) unearned revenue. C) interest expense. D) extraordinary loss.
In more complicated financing arrangements, firms sell batches of receivables to a legally separate entity whose sole purpose is to hold the receivables and issue claims on their cash flows. The entity holding the receivables issues securities to investors in return for cash and transfers the cash to the transferor in payment for the receivables. The investors in securities issued by the entity
receive payments out of the cash flow from the transferred receivables. Common terminology refers to such an entity as a a. special purpose entity. b. pass-through entity. c. tax shelter. d. subsidiary entity. e. securitized entity.