E-Marketplace Can Take Two Different Formats

question 148

Multiple Choice

E-marketplace can take two different formats

• A)bricks-and-mortar exchanges and clicks-and-mortar exchanges.
• B)privately-owned trading communities and open-to-the-public trading communities.
• C)networked exchanges and public trading communities.
• D)independent trading communities and private exchanges.
• E)public exchanges and networked exchanges.

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Definitions:

Consolidation

The process of combining the financial statements of multiple subsidiaries with those of the parent company to present as a single entity.

Company Tax Rate

The percentage of a company's taxable income that it must pay to the government as corporate income tax.

Rent Revenue

Income earned by a company from renting out properties or equipment to others.

Deferred Tax Liabilities

The amount of income tax payable in future reporting periods in respect of taxable temporary differences.