Which of the Following Is an Advantage of the Client/server

question 24

Multiple Choice

Which of the following is an advantage of the client/server model?

• A) less customization of applications
• B) lower start-up costs
• C) provides greater computer power
• D) fosters a high managerial level of decision making

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Definitions:

Projected Benefit Obligation

An estimate of the total amount an entity is obligated to pay in pension benefits, based on expected future salary increases.

Discount Rate

The interest rate used to discount future cash flows to present value, often used in the calculation of net present value or investment appraisals.

Service Cost

The portion of the expense of a pension plan that is attributed to the increase in pension benefits due to employee service in the current period.

Interest Cost

The cost incurred by an entity for borrowing funds, typically calculated as the interest rate times the principal amount of the debt.