A Group of Eight Bits Is Called a Byte

question 36

True/False

A group of eight bits is called a byte.

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Definitions:

Straight-Line Method

An approach for calculating depreciation of an asset, which spreads the cost evenly over its useful life.

Depreciation

A process for spreading out the expense of a physical asset across its lifespan.

Residual Value

The estimated value that an asset will realize upon its sale at the end of its useful life.

Straight-Line Depreciation

A method of calculating the depreciation of an asset, distributing its cost evenly across its useful life.