____________________ Is the Development of Mechanical or Computer Devices That

question 57

Short Answer

____________________ is the development of mechanical or computer devices that perform tasks requiring a high degree of precision or that are tedious or hazardous for humans.

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Definitions:

Wholly Owned Subsidiary

A company whose entire stock is held by another company, making it fully controlled by the parent company.

Share Repurchase

A program by which a company buys back its own shares from the marketplace, reducing the amount of outstanding stock while potentially increasing the value of remaining shares.

Purchase Accounting Method

An accounting method used in mergers and acquisitions where the acquiring company revalues the assets and liabilities of the acquired company.

Fair Market Value

The price at which an asset would trade in a competitive auction setting.