_____ is a standard for software that digitizes and compresses voice signals and transmits the bits via the Internet link.
A. VoIP
B. SoIP
C. IRC
D. TCP/IP
Answer: A
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Royer Corporation engaged in this transaction: Purchased one-year insurance policy for cash. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows
a. Financing activities section b. Does not represent a cash flow c. Investing activities section d. Operating activities section
Which of the following is an example of argot?
a. bloke (meaning man) b. smoky (meaning highway patrol) c. bad (meaning the best) d. lifeboat (meaning a pardon)
Which of the following statements is false regarding the contribution margin income statement?
A) It will group costs into categories based on their behavior (fixed or variable). B) It will include a subtotal called gross profit. C) It is not allowed for external reporting purposes. D) It is used by management to perform cost-volume-profit analysis.
A company that produces bird houses is considering adding an ability for customers to customize the products that they order. The company should anticipate a(n) _________.
a. Increase in production volume b. Decrease in production volume c. Neither an increase nor decrease in production volume d. It is impossible to determine how production volume will be affected by this change