Legostine Corp. uses a new high-technetwork based on fiber-optic cable.The network utilizes technologies that give it a speed and capacity far exceeding the current network and is available only to Legostine's employees. In this scenario, Legostine Corp. uses _____.
A. Web 2.0
B. Internet2
C. broadband
D. extranet
Answer: B
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________ is defined as a group of processes in an organization that makes service seamless to customers by ensuring that things work properly and the customer is satisfied.
A. Management information system B. Customer-friendly system C. Product development D. Employee empowerment
Cartel Inc owns 35 percent of Elliott Corporation. During the calendar year 2014, Elliott had net earnings of $300,000 and paid dividends of $36,000 . Cartel mistakenly accounted for the investment in Elliott using the cost method rather than the equity method of accounting. What effect would this have on the investment account and net income, respectively?
a. Understate, overstate b. Overstate, understate c. Overstate, overstate d. Understate, understate
Costs that are incurred after the split-off point in a production process are referred to as ______________________________
Fill in the blank(s) with correct word
An activity has an optimistic time estimate of 12 days, a most likely estimate of 16 days, and a pessimistic estimate of 22 days. What is the expected standard deviation of the activity?
A) Between 1 and 2 days B) Between 2 and 3 days C) Between 3 and 4 days D) Between 4 and 5 days