A Company Has Access to Many Proprietary Technologies

question 97

True/False

A company has access to many proprietary technologies.This is an example of the company's strength.

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Definitions:

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments, not including cash equivalents.

Future Economic Benefit

An advantage or profitable impact expected to be achieved in future periods from an asset.

Assets

Resources owned or controlled by a business that are expected to produce economic value.

Liabilities

Financial obligations or debts that a company owes to external parties, which must be settled over time through the transfer of economic benefits including money, goods, or services.