A Key Feature of Computers Is Their Programmability

question 25

Essay

A key feature of computers is their programmability. They can be used for many different tasks, depending on a set of program instructions carried out by their software. Other digital devices are not as flexible because their programming is limited. Please describe some of the categories of such devices.

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Definitions:

Indirect Method

A method for preparing the cash flow statement where net income is adjusted for non-cash transactions, deferred income, and changes in working capital to compute net cash from operating activities.

Statement Of Cash Flows

A financial report summarizing the amount of cash and cash equivalents entering and leaving a company.

Book Value

The net value of a company's assets as recorded on its balance sheet, minus its liabilities and intangible assets, such as goodwill.

Indirect Method

A cash flow statement reporting approach that adjusts net income for changes in balance sheet accounts to calculate cash from operating activities.