What Is Computer-Aided Design/computer-Aided Manufacturing (CAD/CAM)

question 8

Multiple Choice

What is computer-aided design/computer-aided manufacturing (CAD/CAM) ?

• A) Systems are used to create the digital designs and then manufacture the products
• B) A cultural trend that places value on an individual's ability to be a creator of things as well as a consumer of things
• C) A community center that provides technology, manufacturing equipment, and educational opportunities to the public that would otherwise be inaccessible or unaffordable
• D) Promotes serialization or the ability to track individual items by using the unique serial number associated with each RFID tag

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Definitions:

Future Cash Flows

Future cash flows refer to the projected flows of cash into and out of a company or project, vital for assessing its financial health and potential for growth or sustainability.

Value In Use

The present value of the future cash flows expected to be derived from an asset or cash-generating unit.

Discount Rate

The interest rate used to discount future cash flows to their present value, often used in the time value of money calculations.

Goodwill

An intangible asset that represents the excess value of a company's fair market value over the net assets of a business it acquires.