Big Companies That Operate in Several Industries at the Same

question 25

Multiple Choice

Big companies that operate in several industries at the same time are called:

• A)conglomerates
• B)oligopolies
• C)corporations
• D)monopolies
• E)interlocking directorates

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Definitions:

Advanced

Pertaining to a higher or more complex level of features, functions, or capabilities, often in software or technical skills.

Financial Statements

Documents that provide an overview of a company's financial condition in both short and long term.

Statement of Cash Flows

A financial report that provides aggregated data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.

Profit & Loss Statement

A financial report that shows a company's revenues, expenses, and profits or losses over a specific period of time.