You Are the Proud Owner of a New Notebook Computer

question 37

Multiple Choice

You are the proud owner of a new notebook computer running Windows 8. You are trying to understand the differences between the two main types of applications that your Windows 8 machine can run.
-If the program you open has a ribbon along the top, you are using ____.

• A) a Windows 8 app
• B) a desktop application
• C) either a Windows 8 app or a desktop application
• D) neither a Windows 8 app nor a desktop application

---

Definitions:

Amount Owed

The total sum of money that is due for payment to a lender or creditor.

Operating Cycle

The average period of time between the acquisition of materials or services and the final cash realization from those activities in a company.

Accounts Receivable Period

Accounts Receivable Period is the average number of days it takes for a company to collect payment from its customers after a sale has been made.

Cash Cycle

The period of time it takes for a business to convert its investments in inventory and other resources into cash flows from sales.