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Regarding a ROM Chip,"read-Only" Means That the CPU Can Retrieve

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True/False

Regarding a ROM chip,"read-only" means that the CPU can retrieve programs (such as BIOS)from the ROM chip but cannot modify or add to those programs.


Definitions:

Degree of Operating Leverage

A metric that measures a company's sensitivity of operating income to its sales, indicating the impact of fixed and variable costs.

Contribution Format Income Statement

An income statement that separates fixed and variable costs to highlight the contribution margin.

Operating Leverage

A measure of how sensitive a company's operating income is to a change in its revenues, indicating the proportion of fixed costs in the company's cost structure.

Contribution Format Income Statement

An income statement format that separates fixed costs from variable costs, thus showing the contribution margin.

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