Use the Following to Answer Questions

question 36

Multiple Choice

Use the following to answer questions:
Matching
Selecting from the following list of terms, match the description with the best answer.Some terms may be used more than once or not at all.
-Facebook

• A)Fiber-optic cable
• B)World Wide Web
• C)Social media site
• D)HTML

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Definitions:

Available-for-Sale Security

A financial asset that a company intends to sell but not immediately or in the near term, reported at fair value.

Treasury Stock

Treasury stock consists of shares that were issued and subsequently reacquired by the issuing corporation, held in the company's treasury.

Bonds Payable

Bonds Payable are long-term liabilities representing the amount borrowed by an entity that must be repaid to bondholders, typically with interest, by a certain date.

Fair Value Adjustment

A financial reporting process that adjusts assets or liabilities to their current market value, rather than historical cost.