The Information Technology (IT)revolution Began In

question 71

Multiple Choice

The information technology (IT) revolution began in:

• A)1930's
• B)1940's
• C)1950's
• D)1960's
• E)1970's

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Definitions:

Variable Costs

Expenses that fluctuate based on the amount of output or the level of activity in a business.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, highlighting the fixed versus variable costs of a business.

Variable Costs

Costs that change in proportion to the level of goods or services that a business produces.

Straight-Line Depreciation

A technique for distributing the expense of a physical asset evenly over its lifespan on an annual basis.