Information Is Stored Permanently on the ____ for Later Retrieval

question 116

Multiple Choice

Information is stored permanently on the ____ for later retrieval.

• A) hard disk drive
• B) modem
• C) monitor
• D) printer
• E) CPU

---

Definitions:

Accrued Interest

Interest that has been earned but not yet received or recorded in the accounts.

Note Receivable

A written promise or obligation for the payment of a certain sum of money to the holder on demand or at a specified future date.

Interest Receivable

The revenue from interest that has been earned but not yet received, recorded as an asset on the balance sheet.

Discounts Own Note

A transaction where a business discounts or reduces the value of its own promissory note, often to raise short-term capital.