Clarice Presses ≪Ctrl-S> on Her Keyboard to Save a Document

question 173

Multiple Choice

Clarice presses <Ctrl-S> on her keyboard to save a document she has been editing. A file is then created on her computer's hard drive. Clarice's action of pressing <Ctrl-S> is most nearly analogous to the memory activity of _________. The computer's hard drive is similar to _________ memory in the three-stage memory model.

• A) storage; long-term
• B) storage; working
• C) encoding; long-term
• D) encoding; working

---

Definitions:

FIFO Method

The FIFO (First-In, First-Out) method is an inventory valuation strategy where the oldest inventory items are sold or used first.

Weighted Average Method

The weighted average method is an inventory costing approach that calculates the cost of goods sold and ending inventory based on the average cost of all items available for sale during the period.

Weighted Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the weighted average cost of all goods available for sale during the period.

Unit Costs

The amount of expenditure incurred to create a single unit of a product or service.