In 2011 a Program Named Watson Running on an IBM

question 26

Multiple Choice

In 2011 a program named Watson running on an IBM supercomputer

• A) decoded the human genome for the first time.
• B) became the first computer program to take the job of a software engineer.
• C) won the World Crossword Puzzle Championship sponsored by The New York Times.
• D) defeated the two most successful human Jeopardy! champions in a three-game match.
• E) passed the Turing Test in a competition sponsored by the Association for Computing Machinery.

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Definitions:

Goodwill

Intangible asset reflecting the value of a business above its tangible assets and liabilities, often arising from brand reputation, customer relationships, or intellectual property.

Intangible Assets

Assets that lack physical substance, such as patents, trademarks, and goodwill, important in evaluating a company's worth.

Impairment Rule

Financial accounting guidelines that require a firm to report a reduction in the value of its assets when they are deemed to be worth less than their carrying amount.

Net Operating Profit After Taxes (NOPAT)

NOPAT is a financial metric that calculates a company's theoretical income from operations after taxes, assuming it has no debt.