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The Length of Time an Asset Is Expected to Generate

question 15

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The length of time an asset is expected to generate revenue is called terminal life.


Definitions:

Level 2 Cache

Also known as L2 cache, it is a secondary tier of cache memory that helps improve processing by storing frequently accessed data and instructions.

Cache Memory

A type of fast computer memory that provides high-speed data access to a processor and stores frequently used computer programs, applications, and data.

ROM

Read-Only Memory, a type of non-volatile storage that is typically used to store firmware or application software in electronic devices.

Multiple Cores

Refers to a CPU that has more than one processing unit (core) within a single chip, enhancing the computer's ability to perform multiple tasks simultaneously.

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