The Most Popular Purchases Made Via the Internet Are

question 79

Multiple Choice

The most popular purchases made via the Internet are:

• A) exercise equipment and weight loss preparations.
• B) clothing, fashion accessories and leathergoods.
• C) skincare, fragrances, toiletries and cosmetics.
• D) sensitive products such as condoms and Viagra.
• E) travel, accommodation, subscriptions and CDs, DVDs.

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Definitions:

Fair Value

An estimate of the market value of an asset or liability, based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Common Stock

A form of corporate equity ownership, a type of security representing an ownership share in a corporation.

Journal Entries

The recordings of financial transactions in the bookkeeping system of a business, which include the debits and credits affecting the company's accounts.

Par Value

The nominal or face value of a share of stock as designated by the issuing corporation, playing a role in legal capital requirements.