Text Ads Are Simple Text-Based Links That Appear Within the Body

question 82

Multiple Choice

Text ads are simple text-based links that appear within the body of a Web page and are related to the content. These are also sometimes called ____ ads.

• A) flatline
• B) inline
• C) central
• D) banner

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Definitions:

Ending Inventory

The final value of goods available for sale at the end of an accounting period.

Lower of Cost

A method of inventory valuation where the inventory items are recorded at the lower of their original cost or the market value at the time of the financial statement preparation.

Net Realizable Value

The estimated selling price of goods, minus the cost of their sale or completion.

Ending Inventory

The final value of goods available for sale at the end of an accounting period, calculated before the next period's beginning inventory.