What is the term for financial assets that represent ownership or a share of ownership in a physical asset or project?
Correct answer: B. Stock
- A. Bond
- B. Stock
- C. Security
- D. Derivative
Explanation
Stock is a financial instrument that represents ownership in a corporation. When you buy stock, you are buying a share of ownership in the company. Stocks are a type of security.
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Computer fundamentals covers the history and generations of computers, their characteristics, applications and limitations, and the basic data-processing cycle. It includes binary, decimal, octal and hexadecimal number systems, units of storage, input and output devices, memory types, operating systems, and the distinction between raw data and processed information.
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