Edwin Owns a Smart Phone with a Digital Assistant

question 20

Multiple Choice

Edwin owns a smart phone with a digital assistant.He frequently enquires on political,sports,and weather updates.The assistant recognizes the words and phrases and provides appropriate answers.What technology is used to make the assistant respond to Edwin?

• A) Synthesized speech
• B) Computer-aided technology
• C) MIDI technology
• D) Virtual Reality

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Definitions:

Net Present Value

The variance between cash inflows' and outflows' current values during a certain period.

Discount Factor(s)

A numerical factor used to calculate the present value of future cash flows, reflecting the time value of money.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal installments, reflecting the asset’s gradual decrease in value.

Payback Period

The length of time it takes for an investment to recover its initial outlay in terms of profits or savings.