A Web Application Is Cloud-Based; It Runs on a Remote

question 119

True/False

A web application is cloud-based; it runs on a remote server and is accessed with a web browser.

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Definitions:

Par Value

The face value of a security as stated by the issuing company, which may or may not reflect its market value.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities.

Book Value Per Share

The equity available to common shareholders divided by the number of outstanding shares.

Dividends

Payments made by a corporation to its shareholder members, representing a portion of the corporate profits distributed among shareholders.