IT "Conversion" Is Defined As

question 18

Multiple Choice

IT "conversion" is defined as:

• A) when an organization converts an idea to an opportunity.
• B) when an organization converts a strategy to market plan.
• C) when an organization converts an opportunity to a profit.
• D) when an organization converts a suggestion to an idea.

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Definitions:

Treasury Stock Transactions

Activities involving the buying back or reissuing of a company's own shares from the marketplace.

Retained Earnings

Retained earnings represent the cumulative amount of net income that a company has reinvested into the business rather than distributed to shareholders as dividends.

Fair Value Method

An accounting approach that measures and reports certain assets and liabilities at their estimated current market values.

Intrinsic Value Method

A technique used to calculate the actual value of a company or asset based on its fundamental, underlying value.