Facebook Has More Than ________ Users Worldwide

question 78

Multiple Choice

Facebook has more than ________ users worldwide.

• A)100 million
• B)500 million
• C)2.2 billion
• D)3.5 billion

Know which pronouncements are issued by FASB and their significance.

Understand the development and enforcement of accounting standards.

Distinguish between primary responsibilities of regulatory bodies in the U.S. financial reporting environment.

Comprehend the significance of notes to financial statements.

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Definitions:

Organizational Competencies

The combination of skills, knowledge, and behaviors that are critical for an organization to achieve its goals and be successful.

Core Capabilities

The essential skills, knowledge, and abilities that a company possesses, which give it a competitive advantage in its industry.

Competitive Advantage

The unique attributes or circumstances that allow a company to produce goods or services better or more cheaply than its competitors.

Strategic Vision

A clear, inspiring long-term goal or direction for an organization, intended to guide its decision-making and strategic planning.