Computer Programs or Software Are an Example Of

question 110

Multiple Choice

Computer programs or software are an example of:

• A) land.
• B) labor.
• C) capital.
• D) none of these.

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Definitions:

Bond Interest Expense

The cost incurred by an issuer of bonds as a result of interest payments made to bondholders over the life of the bond.

Income Statement

A financial statement that shows a company's revenue and expenses over a specific period, resulting in a profit or loss.

Par

The face value of a bond or stock, representing the amount the issuer agrees to pay at maturity (for bonds) or the value attributed to a share for accounting purposes.