In which online business model does a company charge users for access to news, research, entertainment, or other types of content?
a. B2B procurement
b. Advertising based
c. Fee-based content
d. Click-and-mortar retailing
e. fee-based platform
Ans: c. Fee-based content
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A buyer makes an offer to purchase a property listed for sale and does not state in the offer a specific expiration date. Which of the following statements would be TRUE concerning this situation?
A. The offer can be withdrawn by the buyer. B. The offer can be withdrawn by the buyer anytime prior to communication of acceptance. C. The offer would be valid for seven business days. D. The offer would not be valid as it did not contain an expiration date.
Which of the following is not a test primarily used to test property, plant and equipment accounts for overstatement?
A. Investigation of reductions in insurance coverage. B. Review of property tax bills. C. Examination of retirement work orders prepared during the year. D. Vouching retirements of plant and equipment.