Desktop Computers Are Used by People All Around the World

question 30

Multiple Choice

Desktop computers are used by people all around the world. One of the challenges faced by computer manufacturing companies is to overcome the cultural and economic differences across communities that make it difficult for them to sell their products. Given this information, it can be said that desktop computers are _____.

• A) industrial products
• B) consumer products
• C) natural products
• D) perishable products

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Definitions:

Accounting Equation

The fundamental equation of double-entry bookkeeping, stating that assets equal liabilities plus shareholders' equity (Assets = Liabilities + Equity).

Liabilities

Financial obligations or debts owed by a company to creditors, typically categorized as current (due within one year) or long-term.

Stockholders' Equity

The ownership interest of shareholders in a corporation, represented by their shares of the company.

Increase Assets

The act of growing the resources owned by an entity that have future economic value and can be measured and expressed in monetary units.