Why Is Development of the Microprocessor Considered the Single Most

question 37

Multiple Choice

Why is development of the microprocessor considered the single most important innovation in technology?

• A)It has helped to create stronger intellectual property laws.
• B)It has enabled the explosive growth of low-cost computing.
• C)It has increased the cost of telecommunication.
• D)It helped in better regulating international trade.

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Definitions:

IFRS

IFRS, or International Financial Reporting Standards, are a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for preparing financial statements.

Current Liabilities

Short-term financial obligations of a company due within one year, including accounts payable, short-term loans, and taxes payable.

Annual Magazine Subscriptions

The payment made for a year-long subscription to a magazine, usually recognized as an expense over the subscription period.

First Issues

Often refers to the initial release or offering of securities, products, or publications to the public.