When Computers Were First Commercialized,Todd Found It to Be Very

question 7

Multiple Choice

When computers were first commercialized,Todd found it to be very confusing.He heard conflicting claims about which hardware to buy and about the various software systems available.He finally purchased something expensive,but found it to be unreliable.Very soon,Todd realized that companies had changed the models for the hardware and software they sold.This illustrates _____ phase of the technology evolution model described by Utterback and Abernathy.

• A) fluid
• B) dominant design
• C) specific
• D) incremental

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Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the correct period.

Depreciation Expense

A technique for spreading out the expense of a physical asset throughout its lifespan.

Fixed Asset

Long-term tangible assets held for business use and not expected to be converted to cash in the upcoming fiscal year, such as buildings, machinery, and equipment.

Accrued Expense

Expenses incurred but not yet paid or recorded at the end of an accounting period, recognizing expenses when they are incurred, not when they are paid.