RAM Stands for

question 6

Multiple Choice

RAM stands for

• A)Read access memory
• B)Random access memory
• C)Really atrocious memory
• D)A hard drive

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Definitions:

Insurance Expense

The cost incurred by a business for insurance policies it maintains for protection against risks.

Accrued Revenues

Revenues that have been earned but not yet received in cash or recorded by the company.

Earned

Earned refers to revenues or incomes that have been generated through business activities or provided services within a certain period.

Accumulated Depreciation

The total depreciation of an asset up until a single point in time, showing how much of its value has been used up.