In 1971, Ted Hoff Moved Computer Technology to the Fourth

question 11

Multiple Choice

In 1971, Ted Hoff moved computer technology to the fourth generation by developing the ____.

• A) transistor
• B) integrated circuit
• C) microprocessor
• D) hard drive

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Definitions:

Treasury Shares

Shares that were issued and later repurchased by the issuing company, reducing the amount of outstanding stock.

Shareholders' Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership equity spread among shareholders.

Cash Dividends

A distribution of a portion of a company's earnings, decided by the board of directors, to its shareholders in the form of cash.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements.