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The principal capital budgeting models for evaluating information technology projects are the payback method, the accounting rate of return on investment (ROI) , the net present value, and the
Primary Storage
Also known as main memory, it is the storage within a computer that is directly accessible to the CPU, used for storing currently executing programs and immediately needed data.
Program Instructions
Specific commands or sets of commands designed to be executed by a computer to perform a particular task.
Eight Bit String
A sequence of eight bits (binary digits), often used to represent a single character of text in computer processing.
Byte
A unit of digital information in computing and telecommunications that most commonly consists of eight bits.
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