Which of the Following Is Correct About Paid Application

question 30

Multiple Choice

Which of the following is correct about paid application?

• A) Any free application can be converted to paid application after it is being launched in the play store.
• B) Any free application cannot be converted to paid application after it is being launched in the play store.
• C) If the number of downloads of paid application pass the figure of 10,000 then the share of the developer increases by 5%.
• D) If the number of downloads of paid application pass the figure of 10,000 then the share of the developer increases by 10%.

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Definitions:

Loss on Disposal

An expense recorded when an asset is sold for less than its carrying amount on the balance sheet.

Cash Proceeds

The actual amount of money received from transactions such as sales, financing, or the sale of assets.

Book Value

Book value is the net value of a company's assets found on its balance sheet, and is calculated by subtracting total liabilities from total assets.

Depletion Cost Per Unit

The expense associated with extracting natural resources, calculated by dividing the total depletion expense by the quantity of resources withdrawn.