RFID Technology Is Being Gradually Replaced by Less Costly Technologies

question 88

True/False

RFID technology is being gradually replaced by less costly technologies such as WSNs.

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Definitions:

Discontinued Segment

A part of a business that has been sold off, shut down, or is no longer operating as a distinct unit.

Trend Percentages

Analysis technique that involves calculating the percentage change for a financial statement item over a period of time to identify patterns or trends.

Cost of Goods Sold

The direct financial outlays involved in creating a company's goods for sale, encompassing labor and material costs.

Acid-Test Ratio

A stringent measure of liquidity that indicates a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.