What Are the Three Basic Types of RAM? Describe Each

question 81

Essay

What are the three basic types of RAM? Describe each type in detail.

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Definitions:

Liabilities

Liabilities are the economic debts or responsibilities that a business has to other entities, which are to be fulfilled over time by transferring economic resources.

Equity Method

An accounting method used to assess the profits earned through an investment by recognizing income and dividends from the invested entity.

Amortization

The process of spreading out the original cost of an intangible asset over the duration it serves its purpose.