Which of the Following Is an Example of a Horizontal-Market

question 58

Multiple Choice

Which of the following is an example of a horizontal-market application software?

• A) a software developed by the IRS for its own needs
• B) ArtRage, the iPad application
• C) AutoCad
• D) Microsoft Excel

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Definitions:

Date Of Record

A specific date set by a company on which the shareholders of record are entitled to receive a dividend or other distribution.

Dividend

A payment made by a corporation to its shareholders, usually derived from profits.

Stock Owners

Individuals or entities that hold shares of stock in a corporation, representing partial ownership of that corporation.

Par Preferred Stock

Preferred shares of a company's stock with a fixed face value that typically determines dividend payments.