Which of the Following Technological Changes Have Made Most of the Proprietary

question 27

Multiple Choice

Which of the following technological changes have made most of the proprietary solutions to implement EDI systems obsolete?

• A)Personal computers
• B)SWIFT
• C)The Internet
• D)Data systems

Evaluate the financial implications of replacing equipment.

Understand the impact of fixed and variable costs on product line decisions.

Recognize the components and significance of capital budgeting.

Calculate and interpret the cash payback period.

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Definitions:

Sales Level

The total volume or value of all products or services sold by a company within a specific period.

Fixed Assets

Long-term tangible assets used in the operation of a business that are not expected to be converted to cash within a year.

Full Capacity

The maximum level of output that a company can sustain within a specific period under normal operating conditions.

Sales Level

The total volume or amount of sales achieved by a business within a specified time period.