Figure 13-5 IBM Introduced ____, Shown in Figure 13-5, to Assist

question 125

Multiple Choice

Figure 13-5 IBM introduced ____, shown in Figure 13-5, to assist businesses in generating reports, but today it also is used for computations and file updating.

• A) SQL
• B) VPE
• C) RPG
• D) Visual Basic

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Definitions:

Capital Budget Committee

A capital budget committee is a group of individuals within an organization responsible for reviewing, approving, and overseeing large capital expenditures or investments.

Accounting Rate

The accounting rate refers to the percentage of return on an investment or project, as determined by accounting methods, which does not necessarily take into account the time value of money.

Cash Flows

The total sum of cash and cash-like assets moving into and out of a company.

Payback Method

An investment appraisal technique that calculates the time required to recover the initial investment from the cash inflows generated by the investment.