PayPal Is an Example of A(n)

question 17

Multiple Choice

PayPal is an example of a(n) :

• A)online stored value payment system.
• B)digital checking system.
• C)accumulating balance system.
• D)digital credit card system.

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Definitions:

Cash Dividends

Payments made by a corporation to its shareholders from the company's profits.

Equity Method

An accounting technique used to record investments in which the investor has significant influence over the investee but does not control it.

Statement of Cash Flows

A financial report summarizing the amount of cash and cash equivalents entering and leaving a company.

Investing Activities

Financial actions related to the purchase and sale of long-term assets and investments, which are reflected on the cash flow statement.