In Order to Reduce the Risk Associated with a New

question 20

Multiple Choice

In order to reduce the risk associated with a new line of business,Conservative Corporation established Spin Company as a wholly owned subsidiary.It transferred assets and accounts payable to Spin in exchange for its common stock.Spin recorded the following entry when the transaction occurred:

-Based on the preceding information,immediately after the transfer,

• A)Conservative's total assets decreased by $23,000.
• B)Conservative's total assets decreased by $20,000.
• C)Conservative's total assets increased by $56,000.
• D)Conservative's total assets remained the same.

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Definitions:

BYOD Phenomenon

The practice of allowing employees to use their personal devices, such as smartphones and laptops, for work purposes.

Filtering Features

Tools or functions in software or applications that allow users to sort or exclude information based on specific criteria.

Gamification Technology

The application of game-design elements and principles in non-game contexts to enhance user engagement, learning, or participation.

Data Traffic

The flow of data over a network, including the amount of data transmitted and received by users, devices, or applications.