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Which of the Following Statements Is True of Information Technology

question 92

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Which of the following statements is true of information technology (IT) ?


Definitions:

Return

Return refers to the gain or loss on an investment over a specified period, including income received and capital gains or losses.

Acquisition Method

An accounting technique used to consolidate the financial statements of two companies after an acquisition.

Equity Method

An accounting approach used to reflect the value of an investment in another company, where the investment's value is adjusted based on the investor's share of the investee's profits or losses.

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