The Internet

question 11

Multiple Choice

The Internet:

• A)is accessible to anyone with a computer and a modem
• B)was developed by the U.S.Defense Department
• C)is a worldwide means of exchanging information
• D)uses a series of interconnected computers
• E)is accurately described by all of the above

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Definitions:

Cost Of Completion

the estimated total expense required to finish a project, product, or service, often used in budgeting and financial projection.

Normal Profit

The minimum profit necessary for a company to remain competitive in its market, covering its opportunity costs.

Replacement Cost

The cost required to replace an asset with a new one of similar kind and quality at current prices.

Cost Of Completion

The estimated expenses associated with finishing a project, product, or service in its entirety.