Parity Check Involves Transmitting Data Received by an Output Device

question 15

True/False

Parity check involves transmitting data received by an output device back to the source unit for comparison with the original data.

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Definitions:

Capital Investment

Funds spent by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment to increase operational efficiency.

Future Net Cash Flows

The estimated total cash income minus the total cash expenses expected over a future period.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Payback Period

The amount of time it takes for an investment to generate enough returns to recover the original investment cost.