An Example of a Portal That Focuses on a Narrow

question 61

Multiple Choice

An example of a portal that focuses on a narrow range of information and services and appeals to visitors with specific interests is ____.

• A) Yahoo!
• B) Golf.com
• C) AOL
• D) MSN

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Definitions:

Financial Liabilities

Obligations owed to another entity, typically involving the future transfer of cash, goods, or services.

Amortised Cost

The amount at which financial assets or liabilities are measured in the balance sheet after the deduction of principal payments and plus or minus the cumulative amortization of any difference between the initial amount recognized and the maturity amount.

Effective Interest Rate

The true cost of borrowing that includes all fees and compounding of interest, expressed as an annual rate.

Fair Value

An approximation of the cost at which a liability or asset might be traded between informed, consenting parties in a fair transaction.