Roger, an Entrepreneur of a Software Industry, Decides to Use

question 17

Multiple Choice

Roger, an entrepreneur of a software industry, decides to use a system that will run the programs needed to meet the different needs of a wide variety of users during business hours. This system also performs large processing tasks, such as payroll and billing. Which of the following systems should Roger use?

• A)Mainframe computers
• B)Optical mark recognition systems
• C)Remote desktop systems
• D)Stand-alone computers

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Definitions:

Retained Earnings

Profits that a company has kept or retained rather than distributed to shareholders as dividends, which may be reinvested in the business.

Fiscal Year

A financial year used for accounting purposes, which in many countries is different from the calendar year.

Statement of Cash Flows

A report presenting the impact of variations in balance sheet positions and income on cash and cash equivalents, divided into operations, investments, and finance activities.

Financing Activities

Transactions that involve raising capital and repaying investors, including issuing equity, obtaining loans, and paying dividends.