Computer Programs That Provide the Functions Necessary to Support Business

question 21

True/False

Computer programs that provide the functions necessary to support business activities are Primary applications.

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Definitions:

Per Capita Income

The average income earned per person in a particular area or country, calculated by dividing the area's total income by its total population.

Laspeyres Price Index

A price index that measures the change in the price level of a basket of goods and services, using the quantities of the base period as weights.

Base Year

A specific year against which economic growth or other variables are measured and compared.

Current Year

The present calendar year in which a transaction or event occurs or is being discussed.