Case 4 You Visit Your School's Computer Lab to Work

question 59

Multiple Choice

Case 4 You visit your school's computer lab to work on some class assignments. When you get there, you notice the computers are all Macs, but you work on a PC at home. What operating system could you NOT be working on at home?

• A) Windows XP Home Edition
• B) Windows Me
• C) Windows CE
• D) Windows XP Media Center Edition

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Definitions:

Cash Ratio

A liquidity ratio that measures a company's ability to cover its short-term liabilities with its cash and cash equivalents.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to insignificant risk of changes in value.

Current Liabilities

Current liabilities are a company's debts or obligations that are due to be paid to creditors within one year.

Long-term Debt

Debt obligations that are due for repayment in more than one year, often used by businesses to finance operations or acquisitions.