Programming Languages FORTRAN and COBOL Became International Standards, Meaning

question 53

Multiple Choice

Programming languages FORTRAN and COBOL became international standards, meaning

• A) they were approved by the United Nations.
• B) the United States and other members of NATO agreed to share the designs.
• C) the United States and the Soviet Union agreed to share the designs.
• D) they were supported by every computer manufacturer.
• E) they were based on the metric system.

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Definitions:

True Value

The accurate, fair, or intrinsic worth or importance of something.

Bidders

Individuals or entities that offer a price for goods, services, or assets in an auction or tender process.

Bid-rigging

A form of fraud where competitors collude to inflate prices in procurement bids, undermining fair competition.

Cartels

Associations of independent businesses or organizations that agree to regulate production, pricing, and marketing of goods to maximize profits.