The Introduction of the Minicomputer

question 79

Multiple Choice

The introduction of the minicomputer

• A) allowed computers to be customized to the specific needs of departments or business units.
• B) enabled decentralized computing.
• C) offered new, powerful machines at lower prices than mainframes.
• D) all of the above.

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Definitions:

Accounts Receivable Approach

A method for estimating uncollectible accounts based on outstanding receivables, which can impact a company’s financial analysis and credit management policies.

Monthly Interest Rate

The interest rate for a particular period of one month, often used to calculate the interest due on a loan or mortgage.

Variable Cost

Expenses that vary directly with the level of production or sales volume, such as materials and labor.