Examlex

Solved

The Ability of One Piece of Software to Interact with Others

question 130

True/False

The ability of one piece of software to interact with others is called interoperability.


Definitions:

Stock Dividend

Additional shares distributed to shareholders, proportional to their existing holdings, instead of a cash payout.

Retained Earnings

The portion of net income that is kept by the company instead of being paid out to its shareholders as dividends, contributing to the business's capital reserve for future ventures or debt payments.

Retained Earnings Appropriated

Portions of retained earnings that are set aside or reserved by a company's management for specific purposes.

Fire Loss

Financial damage or asset destruction resulting from a fire, often requiring assessment for insurance and recovery purposes.

Related Questions