In the Context of Technology, Identify a True Statement About

question 9

Multiple Choice

In the context of technology, identify a true statement about collaborative consumption.

• A) The cost of purchasing products or services is borne by one individual.
• B) The ownership of the assets is transferred to the user.
• C) It revolutionizes manufacturing by making a physical object from a three-dimensional digital model.
• D) It enables people to earn and save money by sharing goods and services.
• E) It is an expensive form of trading.

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Definitions:

Statement Of Cash Flows

A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company, showing how the company's operations, investing, and financing activities affect cash.

Investing Activity

Transactions involving the purchase or sale of long-term assets and investments, a section in the cash flow statement.

Supplies

Items used in the operation of a business but not directly tied to the production of goods or services, such as office supplies.

Balance Sheet

A financial statement that displays a company's financial position, showing assets, liabilities, and equity as of a specific date.