IBM Mainframes Offered Powerful Machines at Far Lower Prices Than

question 118

True/False

IBM mainframes offered powerful machines at far lower prices than DEC minicomputers,making possible decentralized computing,customized to the specific needs of individual departments.

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Definitions:

Residual Value

The estimated value of an asset at the end of its useful life.

Double Diminishing-Balance

A method of accelerated depreciation that computes depreciation at double the rate of the straight-line method.

Carrying Amount

The book value of assets or liabilities as recorded in the financial statements, after accounting for depreciation, amortization, or impairment.

Residual Value

The estimated remaining value of an asset at the end of its useful life.