What Is the Importance of ENIAC

question 24

Multiple Choice

What is the importance of ENIAC?

• A) It was the first American satellite launched into space.
• B) It was the first computer ever built.
• C) It was the name of the atomic bomb used by the United States in Vietnam.
• D) It was the earliest version of the television.
• E) It was the name of the highest grossing robot movie of all time.

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Definitions:

Fixed Assets

Long-term tangible assets used in the operations of a business, not expected to be converted into cash within a year.

Acquisition

The process of acquiring control of another company by purchasing its shares or assets.

Financing Activities

Transactions and events that affect the long-term liabilities and equity of a firm, as reported in the cash flow statement.

Cash Dividends

Profits distributed to shareholders of a company in the form of cash payouts.