Creation Worx, Inc

question 37

Multiple Choice

Creation Worx, Inc., develops, makes, and markets new computer programs for businesses and consumers. Generally, copyright protection extends to

• A) ​all aspects of the software.
• B) ​the "look and feel" of the software.
• C) ​those parts of the software that can be read by humans.
• D) ​all of the choices.

---

Definitions:

Effective Interest Method

An accounting practice for amortizing a bond discount or premium on the basis of effective interest rate, rather than the straightforward straight-line method.

Discount

A reduction applied to the price of goods or services, or the difference between the nominal value of a financial instrument and its lower market price.

Bond Liability

A financial obligation of a company that arises when it issues bonds to raise funds, representing its need to repay the principal and interest to bondholders.

Interest Expense

The cost incurred by an entity for borrowed funds, typically reported on the income statement.