_________Are Often Referred to as "Platforms," Because They Are the Platform

question 65

Short Answer

_________are often referred to as "platforms," because they are the platform on which all other applications "ride" when interacting with the hardware.

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Definitions:

Exchange Rates

The rate at which one currency can be exchanged for another, often used in the conversion of financial statements of companies that operate in multiple countries.

Consolidated Statement

A financial statement that aggregates the financial position and operating results of a parent company and its subsidiaries.

Net Cash Flow

The total amount of money being transferred in and out of a business, especially as it relates to operational, investing, and financing activities.

Subsidiary Acquired

A business entity whose control is obtained by another entity (parent company) through the acquisition of its majority voting stock.