Examlex

Solved

The Origin of the Internet Can Be Traced Back to 1969

question 42

True/False

The origin of the Internet can be traced back to 1969 when the U.S. government established ARPANET.


Definitions:

Total Profits

The final financial gain from a business operation after subtracting all expenses, taxes, and costs from total revenues.

Firm

A business organization, such as a corporation or partnership, engaged in commercial, industrial, or professional activities.

Accounting Profits

The net income for a company calculated by subtracting total expenses from total revenues, according to standard accounting practices.

Economic Profits

The gap between a company's overall income and its combined explicit and implicit expenses.

Related Questions