_____ determines the look and location of text, pictures, animations, and other elements on a Web page.
A. Uniform Resource Locator (URL)
B. Hypertext Markup Language (HTML)
C. Extensible Markup Language (XML)
D. Hypertext Transfer Protocol (HTTP)
Answer: B
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Which of the following is true?
a. The sale of stock to stockholders is an investing activity. b. The repurchase of stock from stockholders is an investing activity. c. The declaration of stock dividends is a financing activity. d. The payment of cash dividends is a financing activity.
Which of the following is used when an observer wants to understand the cause of events that generated the ethical issue?
a. Analytical ethics b. Descriptive ethics c. Normative ethics d. Constructive ethics
General partnerships that exist for more than ________ must have their general partnership agreement in writing under the Statute of Frauds in order to deal in real estate
A) six months B) 180 days C) five years D) one year
Michard Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations:a.The budgeted selling price per unit is $125. Budgeted unit sales for April, May, June, and July are 7,600, 10,500, 13,800, and 12,900 units, respectively. All sales are on credit. b.Regarding credit sales, 20% are collected in the month of the sale and 80% in the following month. c.The ending finished goods inventory equals 20% of the following month's sales. d.The ending raw materials inventory equals 30% of the following month's raw materials production needs. Each unit of finished goods requires 4 pounds of raw materials. The raw materials cost $2.00 per pound. e.Regarding raw materials purchases, 30% are paid for in the month
of purchase and 70% in the following month. f.The direct labor wage rate is $25.00 per hour. Each unit of finished goods requires 3.0 direct labor-hours. g.The variable selling and administrative expense per unit sold is $3.40. The fixed selling and administrative expense per month is $80,000. The budgeted sales for May is closest to: A. $950,000 B. $1,725,000 C. $1,312,500 D. $1,612,500