Which of the following network protocols is used on the Internet and has become the de facto standard protocol for networking around the world?

A) SNA
B) TCP/IP
C) VPN
D) OSI


B

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A multiphase queuing system is one in which service is received from more than one station, one after the other

Indicate whether the statement is true or false

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Sale of Assets. Lori Ann Nilsson, in the course of her employment as a machine operator, was injured by a pipe and tube cutoff machine that had been manufactured and sold by Continental Machine Co prior to 1978. In 1986, Fredor Corp purchased all of the

production assets of Continental, including the pipe and tube machine product line, and formed Continental Machine Manufacturing Co (CMM). The assets purchased from Continental were transferred to CMM. CMM continued to manufacture the same product lines as Continental had. The shareholders of Continental did not become shareholders, officers, or employees of Fredor or CMM. Most of the employees of Continental became employees of CMM, however. There was no evidence that the transaction was undertaken for a fraudulent purpose, nor did Fredor or CMM agree to assume Continental's liabilities. After the sale of assets, Continental continued to exist, but it had no productive assets. Continental continued to own the building in which the assets had been located, however, and leased the building to CMM. Nilsson brought a product liability suit against CMM. Will the court hold CMM liable for injuries caused by a machine manufactured by Continental? What factors will the court consider in reaching its decision? Discuss fully.

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On May 1, the City of Dustin was notified of approval of a $300,000 federal operating grant, payable on a reimbursement basis as the city expends resources for the intended purpose of the grant. As of May 1, no expenditures had been made for grant purposes. The journal entry to record approval of this grant will include:

A. A debit to Grants Receivable in the amount of $300,000. B. A credit to Revenues in the amount of $300,000. C. A credit to Deferred Inflows of Resources-Grant Proceeds in the amount of $300,000. D. No journal entry will be made until expenditures for the authorized purpose occur.

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Binary numbers are well suited to computer processing because they correspond directly with values in ____ logic

a. Newton b. Boolean c. Turing d. standard

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