Which of the Following Is True About Application Software

question 33

Multiple Choice

Which of the following is true about application software?

• A)Only one application software installed is on a PC.
• B)Windows software is designed to run on a Macintosh computer.
• C)Application software can be used to carry out a variety of tasks, including personal finance and word processing.
• D)Application software and system software are the same thing.

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Definitions:

Fixed Costs

Costs that do not vary with the level of production or sales, remaining constant regardless of business activity levels.

Financial Break-Even

The point at which a project or company generates enough revenue to cover its operating and financial expenses.

Variable Costs

Costs that vary directly with the level of production or volume of output, such as materials and labor directly involved in a company's manufacturing process.

Required Rate of Return

The minimum return an investor expects to achieve by investing in a particular asset, taking into account its risk level.