Facebook Is

question 79

Multiple Choice

Facebook is

• A)a website where users may create a personal profile;add other users as friends;and exchange comments,photos,videos,and "likes" with them.
• B)a website that enables users to send and receive "tweets," messages up to 140 characters long.
• C)a business-oriented website that lets users post their professional profiles to connect to a network of businesspeople.
• D)a video-sharing website in which users can upload,distribute,view,and comment on videos.
• E)a virtual content-sharing social network that allows people to share images of their favorite things such as clothing,craft ideas,and recipes as well as enables them to categorize these images.

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Definitions:

Total Assets

The sum of all resources owned by a company as reflected on the balance sheet, including both current and non-current assets.

Accumulated Depreciation

Accumulated depreciation represents the total depreciation expense assigned to a fixed asset over its useful life, reducing its book value.

Investments

Assets purchased with the expectation that they will generate income or appreciate in the future.

Owner's Equity

Refers to the residual interest in the assets of a company after deducting liabilities, representing the ownership interest.