Juliana Is Part of an Online Science Group

question 9

Multiple Choice

Juliana is part of an online science group. Its members meet once every month to discuss the advancements in science and technology. During one of the meetings, she is introduced to several other members of the large online group. She finds these meetings interesting as she gets to meet people of different age groups and backgrounds. However, like the members of the group, she does not intend to spend much time with them or get to know them personally. Which of the following terms best describes this type of group?

• A) band
• B) crowd
• C) team
• D) squad

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Definitions:

Acquisition Transaction

A financial deal or agreement in which one company takes control of another company, either through a direct purchase of its shares or assets.

Fair Values

The plural form indicating multiple instances or assessments of the market values of assets or liabilities at a given time.

Credit Balance

Represents a situation where the amount of credits in an account exceeds the debits, often indicating the amount owed to the account holder or available for future use.

Consolidated Retained Earnings

The collective earnings retained by a group of companies after dividends are paid, reported on a consolidated financial statement.