The Network Era

question 27

Multiple Choice

The Network era

• A) Began in the early 1980s with the personal computer
• B) Began in the 1960s when large organizations first purchased a centralized mainframe or minicomputer.
• C) Began in the 1990s when many organizations sought to regain control of the IT deparment and hired a Chief Data Processing Officer
• D) Is credited to the U.S. Navy when it used a project management approach to manage the Polaris missile project.
• E) Began in the late 1960s and early 1970s with a defense project called ARPANET that eventually led to the Internet.

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Definitions:

Investment Account

An Investment Account is a financial account held by an investor with a brokerage firm, bank, or custodian that holds securities and other investments.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.

Dividends

Payments made by a corporation to its shareholder members, typically in the form of cash or additional shares.

Depreciation Expense

A method to allocate the cost of a tangible asset over its useful life.