Because of the Rapid Development of the Internet and Database

question 49

True/False

Because of the rapid development of the Internet and database resources,the more traditional holdings of libraries have lost their usefulness as sources of supporting material.

---

Definitions:

Net Operating Income

Earnings from a firm's principal operations, not including interest and tax deductions.

Common Fixed Expenses

Overhead costs that are not directly tied to production or sales volume, including rent, salaries, and insurance, shared across departments or product lines.

Period Cost

Costs that are expensed in the period in which they are incurred, typically including selling, administrative, and other non-production costs.

Net Operating Income

A financial metric that calculates a company's profitability by subtracting operating expenses from its operating revenues.