CERT Stands for ___________

question 23

Multiple Choice

CERT stands for ___________.

• A) Computer Error Response Team
• B) Compliance Error Repair Technology
• C) Computer Emergency Response Team
• D) Compliance Emergency Response Technology

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Definitions:

Zero NPV

A situation where the net present value of a project or investment equals zero, indicating that the expected cash flows exactly discount the initial investment, resulting in no net gain or loss.

Net Present Value

A method used in capital budgeting to assess the profitability of an investment, calculating the difference between the present value of cash inflows and outflows over a period.

Cash Basis

An accounting method where revenue and expenses are recorded only when cash is received or paid, respectively.

Pay Back

Refers to the time period required for an investment to generate cash flows or profits to cover its initial cost.