A Major Breakthrough in the Computing Industry in the Early

question 24

Multiple Choice

A major breakthrough in the computing industry in the early 1970s was the invention of the __________, which involved an electronic circuit printed on a tiny silicon chip.

• A)Internet
• B)color monitor
• C)microprocessor
• D)printer
• E)typewriter

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Definitions:

Gain or Loss

The financial result that occurs when the selling price of an asset differs from its purchase price, either as a profit or a deficit.

Share Issue

A process by which a company distributes new shares to shareholders, either as part of a public offering or a private placement.

Acquisition Differential

The difference between the cost of an acquisition and the fair value of the net identifiable assets acquired.

Ownership Interest

Refers to the percentage or portion of a company that is owned by a shareholder, indicating a claim on assets and possibly a right to the income of the company.