By 2015, People Will Access the Web More Often Through

question 47

True/False

By 2015, people will access the web more often through smartphones than through laptops and desktops combined.

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Definitions:

Voting Power

The total number of votes that can be cast by a shareholder or group of shareholders to influence company decisions in shareholder meetings.

Full Consolidation

is a method of accounting where a parent company combines its financial statements with those of its subsidiaries as if they were a single entity.

Wholly Owned Subsidiaries

Companies that are completely owned by another company, allowing the parent company full control over operations and decision-making.

Consolidated Financial Statements

Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as those of a single economic entity.