Word Indicates a Null Expression with ____

question 46

Multiple Choice

Word indicates a null expression with ____.

• A)two apostrophes
• B)an ampersand
• C)two quotation marks
• D)two equal signs

---

Definitions:

Initial Value Method

A method of accounting in which an investment is initially recorded at its cost without adjusting for changes in the market value over time.

Net Income

The conclusive profit of a corporation once revenue has had taxes and expenses subtracted from it.

Common Stock

A type of equity security that represents ownership in a corporation, with holders possibly entitled to dividends and voting rights in some corporate matters.

Fair Value

A valuation of an asset or liability determined by the price it could fetch in a coordinated sale or cost of transferring the liability, through a fair transaction involving willing market players.