Office 365 Is a Suite of Programs That Offers the Collaboration

question 113

True/False

Office 365 is a suite of programs that offers the collaboration facilities such as multiparty text chat.

---

Definitions:

Cost Method

A method of accounting for investments where the investment is recorded at cost and only dividend income is recognized.

Goodwill Impairment

A decrease in the value of goodwill, indicating that the acquired company is not performing as expected.

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life.

Bond Coupon Rate

The interest rate stated on a bond when issued, which represents the annual interest payment divided by the bond's face value.