Question: What is Newton's first law of motion?

Answer: Newton's first law of motion states that an object will remain at rest or in uniform
motion in a straight line unless acted upon by an external force.

Question: What is a Balance Sheet?

Answer: A Balance Sheet is a financial statement that reports a company's assets, liabilities,
and shareholders' equity at a specific point in time.

Question: When dealing with multiple resources, which one takes precedence?

Answer: Assuming that all of these multiple resources are able to match the configuration of
a device, the ‘locale’ qualifier almost always takes the highest precedence over the others.

Question: What is the importance of Default Resources?

Answer: When default resources, which contain default strings and files, are not present, an
error will occur and the app will not run. Resources are placed in specially named
subdirectories under the project res/ directory.

Question: What is the time value of money?

Answer: The time value of money is the concept that money available today is worth more
than the same amount in the future due to its potential earning capacity.

Question: What are direct costs?

Answer: Direct costs are expenses that can be directly attributed to the production of
specific goods or services, such as raw materials and labor.

Question: What are the four essential states of an activity?

Answer: Active – if the activity is at the foreground, Paused – if the activity is at the
background and still visible, Stopped – if the activity is not visible and therefore is hidden or
obscured by another activity, Destroyed – when the activity process is killed or completed
terminated

Question: What is Financial Management?

Answer: Financial Management involves planning, organizing, directing, and controlling the
financial activities of an organization, including procurement and utilization of funds.