____ Includes All the Programs That Allow a User to Perform

question 12

Multiple Choice

____ includes all the programs that allow a user to perform specific tasks on a computer, such as writing a letter.

• A) System software
• B) Utility programs
• C) Application software
• D) Background programs

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Definitions:

Shareholder Leverage

The use of borrowed funds by shareholders to increase their potential returns from an investment.

Operating Leverage

A measure of how revenue growth translates into growth in operating income due to fixed costs in a company's business model.

Tax Rate

The percentage at which an individual or corporation is taxed by the government on their income or profits.

Cost of Debt

The effective rate that a company pays on its current debt, which can be measured in terms of either the before-tax or after-tax cost.