What Makes a Library Different from a Folder

question 37

Multiple Choice

What makes a library different from a folder?

• A) a library is used to group similar files
• B) a library contains a set of links to files
• C) a library name is descriptive
• D) you can create new libraries

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Definitions:

Cost Method

An accounting method used to value holdings in another company at the cost of acquisition plus any additional costs incurred.

Carrying Amount

The value at which an asset is recognized on the balance sheet after deducting any accumulated depreciation and impairment losses.

Associate

In a business context, this usually refers to a person or entity that is connected with another as a partner, colleague, or member of an enterprise.

Subsidiary

A company that is completely or partially owned and controlled by another company, known as the parent company.