Which of the Following Is Not One of the Current

question 54

Multiple Choice

Which of the following is not one of the current software platform trends?

• A)Web services and service-oriented architecture
• B)open-source software
• C)HTML5
• D)software outsourcing
• E)multicore processors

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Definitions:

Foreign Subsidiaries

Companies that are owned or controlled by a parent company but are located in a different country.

Current Rate Method

A method of foreign currency translation where all financial statement line items are translated at the current exchange rate in effect at the reporting date.

GAAP

Generally Accepted Accounting Principles, a standardized set of accounting rules, standards, and procedures used in the accounting industry primarily in the United States.

Purchase Accounting

The process of consolidating and reporting the financials of a merger or acquisition by recording the assets and liabilities at their fair market values.