At the time the transaction occurred, which of the following would result in an increase in net income under the accrual basis of accounting, but would not result in an increase in net income under cash basis accounting?
A) purchase of supplies for cash
B) performance of services on account
C) use of supplies purchased earlier
D) receipt of cash for services that were performed earlier on account
B
Business
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Which of the following is a technology that shares and analyzes information in the supply chain?
A) Internet B) Enterprise Data Planning (EDP) C) Electronic Resource Interchange (ERI) D) Chain Management (CM) software
Business
Which type of network is less conducive to using more than 15 user stations?
A) peer-to-peer network B) friendly network C) minor network D) major network
Business