Which of the Following Statements About Mobile Gaming Is Not

question 16

Multiple Choice

Which of the following statements about mobile gaming is not true?

• A)Mobile games will generate an estimated $2 billion in 2015.
• B)Mobile games have proven difficult to monetize.
• C)Mobile games appeal to a younger demographic than console games.
• D)Mobile games are expensive to develop.

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Definitions:

Entity Method

An accounting approach used in preparing consolidated financial statements where investments in subsidiaries are recorded at cost and adjusted for the parent company's share of the subsidiaries' post-acquisition profits or losses.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing the owners' claim on the business assets.

Accumulated Depreciation

The cumulative depreciation of an asset up to a single point in its life, reflecting the decrease in value due to wear and tear, age, or obsolescence.

Consolidated Financial Statements

Financial statements that represent the aggregation of a parent company and its subsidiaries, presenting the financial position and results of operations as if the group were a single entity.