One Major Change in Society Brought About by the Prevalence

question 13

Multiple Choice

One major change in society brought about by the prevalence of smartphones and other mobile devices is that ______.

• A)online media exists everywhere we go
• B)young people rarely talk directly to each other
• C)even during times of disaster,such as hurricanes,people have a reliable form of communication
• D)wealthy adults are the most likely to use a smartphone as their exclusive way to access the Internet

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Definitions:

Cash Payback Method

A capital budgeting technique that calculates the time required for an investment to generate cash flows sufficient to recover the initial investment cost.

Capital Investment

Funds invested in a firm or enterprise with the expectation of generating income or profit, used for long-term assets.

Fixed Asset

A long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income.

Net Cash Flow

Net cash flow is the amount of cash generated or lost over a specific period, resulting from a company's operating, investing, and financing activities.