_____  Bits Equal One Byte

question 73

Multiple Choice

_____  bits equal one byte.

• A)Six
• B)Eight
• C)Thirty-two
• D)Sixty-four

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Definitions:

Bonds

Fixed-income investments that represent loans made by an investor to a borrower, typically corporate or governmental.

Available-for-Sale

A classification of securities that a company holds, which can be sold in the future, not classified as held-to-maturity or trading securities.

Carrying Value

The book value of assets and liabilities on a company's balance sheet, often equating to the cost minus depreciation for assets.

Historical Cost

The original monetary value of an asset, without adjustments for inflation, depreciation, or other factors since acquisition.