​ Case 20-1 Lillian, a Student Working on PowerPoint, Wants

question 13

Multiple Choice

​ Case 20-1 Lillian, a student working on PowerPoint, wants to begin adding content to a new presentation. Lillian connects her slide to a projector. She starts a slide show and the view she was previously working on automatically changes. It now shows a large view of the current slide and a smaller view of the next slide, as well as speaker notes. She also sees navigation buttons which allow her to move from slide to slide. In this scenario, Lillian is viewing her slides in _____ view.

• A)Presenter
• B)Notes
• C)Outline
• D)Normal

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Definitions:

IFRS

IFRS stands for International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) aiming at making global financial statements more comparable, transparent, and reliable.

Marketable Securities

Marketable securities are liquid financial instruments that can be quickly converted into cash at their current market prices.

Trading Securities

Financial assets that a firm holds for the purpose of selling them in the short term to profit from price changes.

Amortized Cost

The amount at which a financial asset or financial liability is measured at initial recognition minus principal repayments, plus or minus the cumulative amortization.