The Site Crowdcube Is Unique for Which of the Following

question 45

Multiple Choice

The site Crowdcube is unique for which of the following reasons?

• A)It is headquartered in Great Britain.
• B)It offers a professional fund manager to monitor the money invested by international investors.
• C)It invests only in Israeli startups.
• D)It was the first international equity crowdfunding site.

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Definitions:

Unrecognized Prior Service Cost

Costs not immediately recognized on the income statement related to retroactive benefits granted to employees in a pension plan amendment.

Straight-Line Method

A depreciation method that allocates an equal amount of depreciation each year over the useful life of the asset.

Defined Benefit Pension Plan

A type of pension plan where an employer commits to pay a specified pension amount to the retiree, based on factors like salary history and duration of employment.

Pension Expense

The company's cost in a specific period for providing pension benefits to employees during that period.