A(n) ____________________ Is a Legal Agreement That Permits Users to Install

question 93

Short Answer

A(n) ____________________ is a legal agreement that permits users to install software on multiple computers, usually at a volume discount.

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Definitions:

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.

Cost Method

A method of accounting that records the investment at its original cost and recognizes income when dividends are received.

Equity Method

An accounting technique used to record investments in which the investor has significant influence over the investee but does not control it outright.

Consolidation

The process of combining financial statements of a parent company with those of its subsidiaries to present as one economic entity.