To Place the State Name "Ohio" in the Items Collection

question 7

Multiple Choice

To place the state name "Ohio" in the Items collection you use the ____ method.

• A) Add
• B) Increase
• C) Include
• D) New

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Definitions:

Amortization

The process of gradually writing off the initial cost of an intangible asset over its useful life.

Long-Term Bond

A bond that matures in more than ten years, offering the bondholder a specified interest rate over a long period.

Investments In Associates

Investments in other companies where the investor has significant influence but does not control or jointly control the company.

Current Assets

These are assets that a company expects to convert into cash, sell, or consume within one year or its operating cycle, whichever is longer.