Use of Facebook Has Grown Significantly in Developing Countries Over

question 168

Multiple Choice

Use of Facebook has grown significantly in developing countries over the last couple of years as internet and smartphone connectivity has increased as well in these countries.This rising trend is an example of _____ forces.

• A)economic
• B)competitive
• C)technological
• D)social

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Definitions:

Prior Period Adjustment

Corrections of material errors related to a prior period or periods, excluded from the determination of net income.

Retained Earnings

The portion of a company's profits that is kept or retained for reinvestment in the business, rather than being distributed to shareholders as dividends.

Stock Split

A corporate action to increase the number of outstanding shares by issuing more shares to current shareholders, proportionally decreasing the stock price.

Shares Outstanding

The total number of a company's shares of stock that are owned by shareholders, including both public investors and company insiders.