Virtualization:
A) allows one operating system to manage several physical machines.
B) has enabled microprocessor manufacturers to reduce the size of transistors to the width of an atom.
C) can boost server utilization rates to 70% or higher.
D) allows smartphones to run full-fledged operating systems.
E) uses the principles of quantum physics to represent data.
C
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At Microsoft's headquarters, to eliminate congestion and save on other business expenses the company offered employees the option to work virtually from home.
a. true b. false
Lorna Smith decided to start her own CPA practice as a professional corporation, Smith CPA PC. Her corporation purchased an office building for $35,000 that her real estate agent said was worth $50,000 in the current market
The corporation recorded the building as a $50,000 asset because Lorna believes that is the real value of the building. Which of the following concepts or principles of accounting is being violated? A) cost principle B) economic entity assumption C) monetary unit assumption D) going concern assumption