The disaster recovery strategy known as a(n) ___________________ ___________ is a fully equipped data center that is made available on a standby basis to client companies for a monthly subscriber's fee.
Fill in the blank(s) with correct word
Question 2
The FASB requires that a company using the direct method must provide a reconciliation between net income and cash from operating activities.
Indicate whether the statement is true or false
Question 3
A credit memorandum for 156 (sale price of merchandise 150; sales tax of 6) was issued to a customer for goods returned that had been purchased on account. To enter this transaction properly,
a. Sales would be debited for 6.
b. Sales would be debited for 150.
c. Sales would be debited for 156.
d. Sales would not be debited.