Government Action Has Not Resulted in

question 69

Multiple Choice

Government action has not resulted in

• A) IBM controlling its higher price on the central processing unit
• B) IBM controlling its higher price on peripherals-disk drives, programs, and other components
• C) AT&T to be broken into AT&T (the long-distance company) and seven local calling companies.
• D) Microsoft agreeing to license its technology so that other firms could produce equipment that would seamlessly communicate with Windows.
• E) All these are a result of government action.

---

Definitions:

Cash Advance

A short-term loan from a bank or alternative lender, often accessed through a credit card.

Assets

Resources owned or controlled by a business, expected to produce economic value or future benefits for the company.

Owner's Equity

The amount of ownership interest that the owner of a sole proprietorship or partners in a partnership have in their business, similar to stockholders' equity in a corporation.

Journal Format

A structured way of recording financial transactions in chronological order, typically used in bookkeeping and accounting.