The Convergence of Real and Digital Worlds Is the Result

question 44

Multiple Choice

The convergence of real and digital worlds is the result of

• A)the unlimited proliferation of interlinked smartphones, tablet devices, sensors, sophisticated algorithms, databases, apps, and other elements.
• B)Steve Jobs, the late visionary CEO of Apple, Inc., who created the first iPod music player as well as the iPhone.
• C)the implementation of ideas found in science fiction films and books.
• D)the work of William Gibson who coined the term "cyberspace."

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Definitions:

Parent Company

A corporation that owns a controlling share of the stock in another company, making the latter a subsidiary.

Fair Value Method

An accounting approach that measures and reports assets and liabilities on the basis of their estimated or actual fair market price.

Carrying Value

The book value of assets and liabilities on a company's balance sheet, excluding market value fluctuations.

Common Stock

Equity securities representing ownership in a corporation, with voting rights and potential dividends.