What is a restricted network that relies on Internet technologies to provide an Internet-like environment within the company for information sharing, communications, collaboration, and web publishing?
A. National ISP
B. Regional ISP
C. Intranet
D. Extranet
C. Intranet
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The convention of consistency pertains to the use of the same accounting principles by firms in the same industry
Indicate whether the statement is true or false
Organizational charts depict _____________________
a. an organization's overall worth b. the structure of an organization c. an organization's corporate history d. the mission of an organization
On November 1, Arvelo Corporation had $32,000 of raw materials on hand. During the month, the company purchased an additional $78,000 of raw materials. During November, $95,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $3,000. Prepare journal entries to record these events. Use those journal entries to answer the following questions:The credits to the Raw Materials account for the month of November total:
A. $95,000 B. $32,000 C. $110,000 D. $78,000
When one party to a contract fails to perform as promised, it is called
a. litigation. b. breach. c. liquidated damages. d. bad faith.