When You Turn Off Your Computer, It Automatically Clears the Contents

question 31

Multiple Choice

When you turn off your computer, it automatically clears the contents of _____.

• A) your hard drive
• B) memory
• C) RAM
• D) None of the above

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, represented in part by capital stock and retained earnings.

Unissued Stock

Unissued stock refers to shares that have been authorized in a company's charter but have not yet been sold or distributed to shareholders.

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Book Value

The value of an asset as recorded on the company's balance sheet, calculated as the cost of the asset minus any depreciation.