Technology

question 123

Multiple Choice

Technology:

• A)Has replaced accounting.
• B)Has not improved the clerical accuracy of accounting.
• C)Reduces the time,effort and cost of recordkeeping.
• D)In accounting has replaced the need for decision makers.
• E)In accounting is only available to large corporations.

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Definitions:

IPO Pop

The increase in a stock's price on the first day of trading following its initial public offering (IPO), often reflecting high investor demand.

Stock Price

The current market price at which a share of stock can be bought or sold.

Underwriting Spread

The difference between the price at which underwriters purchase new securities from the issuer and the price at which these securities are sold to the public.

Residual Claim

A financial term referring to the right of shareholders to claim what remains of a company's assets after all debts have been paid in the event of liquidation.