How Are Blocks Chained Together

question 36

Multiple Choice

How are blocks chained together?

• A) By sharing the same transaction details
• B) Information of the previous block is embedded into the current block through hashing
• C) Information of the current block is embedded into the genesis block
• D) With a physical chain

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Definitions:

Significant Influence

Significant influence refers to the capacity of an individual or entity to affect the financial and operating policies of another entity without having full control.

Significant Influence

Significant influence refers to the power to participate in the financial and operating policy decisions of an investee without having full control or joint control.

Control

In management and accounting, Control refers to the processes, policies, and procedures implemented by an organization to ensure its objectives are met, including accuracy of financial reporting and compliance with laws.

Investment in Associates

An investment in another company where the investor has significant influence, typically reflected by ownership of 20% to 50% of voting stock.