Which of the Following Is a Free, Open-Source Format Used

question 13

Multiple Choice

Which of the following is a free, open-source format used by Spotify?

• A).Au
• B).wav
• C).ogg
• D).mp3

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Definitions:

Cash Basis

An accounting method in which revenues and expenses are recorded only when cash is received or paid, rather than when they are incurred.

Revenue Recognized

Income that a company has earned during a period but has not yet received payment for, adhering to the revenue recognition principle.

Money Received

The sum of cash or cash equivalents that an entity acquires from various sources, including sales or funding.

Revenue

The sum of money earned from the sale of products or services central to the business's main activities.