A communicationnetwork that allows limited external access to the company's intranet is known as a/an
A. LAN
B. WAN
C. intranet
D. extranet
Answer: D
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Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2015 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2015 . Park paid the amount due on June 13, 2015. Park uses the periodic inventory system. What effect does recording
the purchase of merchandise on June 5, 2015 have on Park's accounting equation? a. Assets and liabilities increase. b. Liabilities increase and stockholders' equity decreases. c. Assets and stockholders' equity increase. d. Liabilities and stockholders' equity decrease.
The use of the allowance for doubtful accounts results in the bad debt expense being charged to the period of sale
Indicate whether the statement is true or false
A machine has a mean time between failures of 514 hr and mean time to repair of 19 hr. In this case, the availability is ______.
A. 96.4% B. 99.2% C. 81.7% D. 97.8%
In 1986, Chapter ________ of the Bankruptcy Code was added to target the financial problems of the family farm.
A. 13 B. 12 C. 11 D. 7