You Are on Vacation and Want to See Where All

question 43

Multiple Choice

You are on vacation and want to see where all the restaurants and trendy shops are in relation to your hotel.You remember there is an app on your phone that will use your location and show you that information.What is the app using?

• A) Chip-and-pin technology
• B) Augmented reality
• C) Kiosk
• D) Digital literacy

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Definitions:

Loss

The result when a company's expenses exceed its revenues during a specific period, leading to a negative net income.

Operating Cycle

The average time period between the acquisition of materials for production and the receipt of cash from sales of the finished goods, critical for managing cash flow.

Current Liabilities

Financial obligations that a company is expected to pay within one year.

Liquidity

The ability to pay current obligations.