Examlex

Solved

The Amount of Illegal Software in Use Worldwide Is Only

question 59

True/False

The amount of illegal software in use worldwide is only about a fifth of all software.


Definitions:

Accrued Taxes

Taxes that have been incurred but not yet paid during a given accounting period, representing a liability on the company's balance sheet.

Operating Cash Flow

Cash generated from a company's everyday business operations, indicating its ability to generate sufficient positive cash flow to maintain and grow its operations.

Dividends

A portion of a company's earnings that is paid to shareholders, usually on a quarterly basis.

Fixed Assets

Long-term tangible assets that a company uses in its operations and that are not intended to be sold in the regular course of business.

Related Questions