One of the Fastest-Growing Areas in Mobile Technology Is the Creation

question 71

Multiple Choice

One of the fastest-growing areas in mobile technology is the creation of __________ that help consumers access more information about businesses.

• A)applications (apps)
• B)widgets
• C)cookies
• D)texts

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Definitions:

Unincorporated Contractual Association

A group of individuals engaged in a business enterprise without forming a legal corporation.

Equity Method

An accounting technique used by a company to record its investment in another company when it has significant influence but not full control or majority ownership, typically involving the recognition of income proportional to its share of the investee's profits.

One-Line Method

A consolidation method where an investor reports its share of a subsidiary’s or associate’s single line item, such as net income, in its own financial statements.

Equity Method

An accounting technique used by a company to record its investment in another company when it has significant influence but does not have full control.