Recognition is the process of formally recording or incorporating an item into the financial statements

a. True
b. False
Indicate whether the statement is true or false

True

Business

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For any technology, the market demand has an upper limit that can be exceeded without a change in technology or a new way of using the product

Indicate whether the statement is true or false

Business

How long it takes for a software package to respond to user's requests is called:

A) recurrent time. B) response time. C) activation time. D) lag time. E) run time.

Business