Helpers, a Nongovernmental Organization, Launches Practbilling

question 148

Multiple Choice

Helpers, a nongovernmental organization, launches practbilling.com, a website where all sorts of bills can be paid. It uses a specially designed software to allow hassle-free transactions in the billing and charges a nominal fee from the users. In this scenario, Helpers uses a(n) _____.

• A) horizontal applications software
• B) vertical applications software
• C) open source software
• D) copylefted software

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Definitions:

Average Rate of Return

It calculates the return, generated over a period of time, of an investment compared to the initial investment.

Net Present Value Method

A method in capital budgeting that evaluates an investment by calculating the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Present Value

The estimated current value of a forthcoming sum of money or series of cash inflows, considering a certain rate of return.

Method

A systematic way or approach used to accomplish a task or solve a problem, often applied in research, analysis, or strategic planning.