COGNITIVE ASSESSMENT What Term Refers to the Amount of Time

question 172

Multiple Choice

COGNITIVE ASSESSMENT What term refers to the amount of time it takes a storage device to locate an item on a storage medium?

• A) access time
• B) capacity time
• C) recall time
• D) transfer time

---

Definitions:

Capital Expenditures Budget

A budget allocated for long-term investments, such as buying new machinery, buildings, or technology, that will be used over time.

Budgeted Income Statement

A financial statement that estimates a company's revenue, expenses, and net income for a future period based on planned operations and strategies.

Cash Inflows

Money received by a company during a specified period of time, from activities such as sales, financing, or investments.

Cash Outflows

Money or value going out of a business, often related to expenses and investments.