YouTube Is an Example of Which Type of Social Media

question 122

Multiple Choice

YouTube is an example of which type of social media site?

• A) microblogging
• B) media sharing
• C) thought sharing
• D) social networking
• E) social bookmarking

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Definitions:

Equipment

Tangible property used in operations, such as machinery or computer hardware, which can often be depreciated for tax purposes.

Capital Asset

A long-term asset such as equipment, real estate, or securities, which is not easily sold in the regular course of a business's operations for cash.

Taxpayer's Home

The primary place of abode of a taxpayer that determines tax liabilities and benefits.

Loss Carryforward

A tax provision that allows taxpayers to use a current year's losses to reduce taxable income in future years.