Open Systems Are a Recent Telecommunications Trend

question 78

Multiple Choice

Open systems are a recent telecommunications trend. Open systems:

• A) Use common standards for hardware, software, applications, and networking
• B) Create a computing environment that is easily accessed by end users and their networked computer systems
• C) Provide greater connectivity, and a high degree of network interoperability
• D) All of the choices are correct.

---

Definitions:

Straight-Line Depreciation

A method of allocating the cost of a fixed asset evenly across its useful life.

Net Working Capital

The discrepancy between what a company owns in current assets and owes in current liabilities, showing its financial stability in the short term.

Required Rate

The minimum expected return by investors to make an investment worthwhile, considering the risk involved.

CCA Class

Pertains to a classification system for tax purposes, grouping assets with similar characteristics for capital cost allowance claims in Canada.