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Application Software Tells the Computer Hardware How to Run

question 28

True/False

Application software tells the computer hardware how to run.


Definitions:

Net Income

The net income of a company, which is the remaining amount after deducting all costs and taxes from its total revenue.

Capital Investment

Funds spent by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment, calculated by subtracting the initial investment from the present value of cash inflows over a period of time.

Rate of Return

The percentage of profit or loss on an investment over a specified period.

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