What Is an Advantage of Collaboratively Creating a Document in a Shared

question 6

Multiple Choice

What is an advantage of collaboratively creating a document in a shared workspace rather than working collaboratively on a document via email?

• A) A shared workspace will create an archive of all the changes made by all team members.
• B) A shared workspace ensures that only one person can read a document at a time.
• C) A shared workspace will create backup files once per day.
• D) A shared workspace ensures that only one format of a file will be available.

---

Definitions:

Tangible Long-Lived Assets

Physical assets that are used in the operations of a business, have a useful life of more than one year, and are not intended for resale.

Nonmonetary Exchange

Transactions in which businesses or individuals trade goods or services without the use of money or monetary units.

Fair Value

Fair value is the estimated price at which an asset or liability could be traded in a fair and open market transaction, reflecting its current market value.

Cost Base

The total amount of investment in an asset, used for tax purposes to determine capital gains or losses upon disposal.