A ____ Is a Three- or Four-Letter Sequence, Preceded by a Period

question 42

Multiple Choice

A ____ is a three- or four-letter sequence, preceded by a period, that identifies the file type.

• A) filename
• B) file extension
• C) file suffix
• D) file property

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Definitions:

R&D Costs

Expenses incurred during the research and development phase aimed at producing new products or processes.

GAAP

Generally Accepted Accounting Principles, a framework of accounting standards, principles, and procedures used in the United States.

Impairment Testing

The process of evaluating the recoverability of the carrying amount of an asset or cash-generating unit to ensure it does not exceed its recoverable amount.

Present Value

The present worth of a future sum or series of cash flows when calculated using a given return rate.