While Social Networks Met the Need for Online Communities,______ Made

question 65

Multiple Choice

While social networks met the need for online communities,______ made it possible for people to share their content,user-generated content (UGC) ,without the barriers and gatekeeping of traditional broadcast models.

• A)Social communities.
• B)Social publishing.
• C)Social gaming.
• D)Social commerce.
• E)Social entertainment.

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Definitions:

Cash Basis

An accounting method where revenues and expenses are recognized only when cash is received or paid.

Income Taxes Payable

Liabilities owed to the government for income taxes, not yet paid by the company.

Income Tax Expense

The total amount of income tax a company is obligated to pay to the government, reported on its income statement.

Investing Activities

Financial actions that involve the purchase of long-term assets, securities, or other investments to generate future income or value.