The house that you are leasing from a landlord is an example of a tangible asset that you would list on your balance sheet

Horace has wanted to purchase a Rolex watch ever since he saw his first one at age 18. He has done extensive research into the history of Rolex. Finally, at age 55, he has achieved the income level to be able to purchase one. For Horace, the Rolex watch is an example of what type of product?

a. unsought b. specialty c. business d. consumer

Besides response time, another measure of time would be:

A) release time. B) how long it takes software to complete a running job. C) how long it takes software to produce output. D) turnaround time. E) resource usage time.