Diversification Refers To

question 2

Multiple Choice

Diversification refers to:

• A)moving from an industry market segment into another, related segment.
• B)the number of similar businesses or business activities at the same level of the value chain.
• C)moving from one industry into another.
• D)cost advantages that a business obtains through expanding in size.
• E)the sale of products or services in one country that are sourced in another country.

Identify the principles of accrual accounting, including the recognition of revenues and expenses.

Recognize the definitions and treatment of prepaid expenses, accrued expenses, and deferred revenues.

Relate the effect of proper and improper adjustments on financial statements’ accuracy and completeness.

Understand the concepts of book value, depreciation, and the adjustment for depreciation.

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Definitions:

Sexual Stimulation

Any stimulus (including bodily contact) that leads to, enhances, and maintains sexual arousal, and may lead to orgasm.

Ventromedial Nucleus

A region in the hypothalamus involved in regulating hunger and satiety.

Foramen Magnum

A large opening in the base of the skull through which the spinal cord passes to connect with the brain.

Electrically Stimulated

Refers to applying electrical impulses to tissues or nerves to evoke a physiological response.