COGNITIVE ASSESSMENT What Is Product Activation

question 85

Multiple Choice

COGNITIVE ASSESSMENT What is product activation?

• A) a technique to ensure software is not installed on more computers than legally licensed
• B) the method used by some software companies to guarantee that software purchased on the web will work on the computer on which the software was downloaded
• C) the process of entering registration information so that users of the software will receive newsletters and other marketing materials regarding purchased software
• D) a term used to describe starting application software purchased in a retail store

---

Definitions:

Debit Column

The left-hand column in an account or financial statement where debits are recorded, typically representing increases in assets or expenses and decreases in liabilities or equity.

Credit Column

Part of an accounting record where increases in liabilities, revenues, and equity accounts are recorded.

Accounting Record

A documented transaction or financial event that is used in the process of accounting.

Owner's Equity

Owner's equity represents the owner's claim on the assets of a business, calculated as the business's assets minus its liabilities.