IBM Paid Programmers by the Number of Lines of Code

question 42

Multiple Choice

IBM paid programmers by the number of lines of code written, which resulted in:

• A) too many lines of poor-quality code.
• B) primarily high-quality code.
• C) increased profits.
• D) increased sales revenue.

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Definitions:

Credit

A bookkeeping entry that increases the balance of liabilities and revenue accounts, or decreases the balance of an asset or expense account.

Accounts Receivable

Liabilities customers hold towards a business for the delivery of goods or services that have not been paid off.

Financial Statement

Documents that present the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.

Statement of Retained Earnings

This report outlines the fluctuation in a company’s retained earnings over a particular accounting timeframe, incorporating elements like net profits and dividend distributions.