At its inception, the Communications Decency Act of 1996, created broad immunity for Internet service providers (ISPs) and websites
Indicate whether the statement is true or false
True
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Accrued revenue is revenue that ________
A) has been collected and earned B) the business has collected in cash, but not yet earned C) the business has earned, but not yet collected in cash D) will be collected and earned in the future
Spedex, an on-rent cab provider company, launches a new feature on its website that can help its customers track their cabs online. The feature requires a sign-in process. Since the feature is new, many customers face problems in figuring out a way to access this feature. To solve this problem, Spedex creates a customer-support page on its website that will resolve the issues of its customers. In this scenario, the customer-support page on Spedex's website is an example of a(n) _____.
A. business intelligence system B. expert system C. cybermediary D. data warehouse
Common examples of data include text and numerical
information. Indicate whether the statement is true or false
On January 1, 2018, Deuce Inc. acquired 15% of Wiz Co.'s outstanding common stock for $62,400 and did not exercise significant influence. Wiz earned net income of $96,000 in 2018 and paid dividends of $36,000. The fair value of Deuce's investment was $80,000 at December 31, 2018. On January 3, 2019, Deuce bought an additional 10% of Wiz for $54,000. This second purchase gave Deuce the ability to significantly influence the decision making of Wiz. During 2019, Wiz earned $120,000 and paid $48,000 in dividends. As of December 31, 2019, Wiz reported a net book value of $468,000. At the date of the second purchase, Deuce concluded that Wiz Co.'s book values approximated fair values and attributed any excess cost to goodwill.On Deuce's December 31, 2019 balance sheet, what balance was reported
for the Investment in Wiz Co. account? A. $117,000. B. $134,400. C. $141,200. D. $152,000. E. $143,400.