____ Is the Illegal Copying or Use of Programs

question 34

Multiple Choice

____ is the illegal copying or use of programs.

• A) Intellectual property
• B) The Copyright Act
• C) Shareware
• D) Software piracy

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Definitions:

Recognition

The formal acknowledgment in accounting that a transaction or event affects the financial statements of a company.

Separate Incorporation

The legal process of forming a new corporation that is distinct and separate from any owners or other entities.

Subsidiary Dissolved

The process of legally dissolving a subsidiary company, which involves winding up its operations and financial affairs.

Acquisition

The process of obtaining control of another company or business asset through purchase, merger, or another method.