Colin Mackay Inc

question 6

Multiple Choice

Colin Mackay Inc., a software company with its head office in Amsterdam, has employees across three continents. The company's project teams across different countries frequently exchange documents over email, with multiple users making changes to a particular document. As a result, there are often multiple copies of a particular document in existence. Which of the following will allow the teams to share documents in such a way that they can keep track of the changes made to a particular document and note the team members who make the changes?

• A)blogging
• B)shared workspace
• C)instant messaging
• D)cross-linking

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Definitions:

Separate Financial Statements

Financial statements presented by a parent or an investment entity that displays its investments in subsidiaries, associates, and joint ventures at cost or in accordance with specified financial instruments standards.

Reporting Entity

An entity, including companies and governments, that is required to present its financial statements to external users.

Percentage Of Ownership

Refers to the fraction of a company's shares that an individual or entity owns, typically expressed as a percentage of the total shares.

Financial Statements

Reports that summarize the financial performance, position, and cash flows of a business over a specific period.