Critical Thinking Questions Case 8-1

question 16

Multiple Choice

Critical Thinking Questions Case 8-1
You have been chosen to be a teaching assistant at your school. A student comes to you with questions about storage devices. 
The student asks you which type of storage device is best to store the operating system and applications. You tell her that a(n) ______ is a good option.

• A) SSD
• B) USB flash drive
• C) Memory card
• D) Optical disc

---

Definitions:

Valid Receipts

Documents that serve as proof of a transaction, showing essentials like the date, items purchased or services rendered, and the amount paid.

Debit Memo

A document issued to adjust downwards the amount of money owed to a business by a customer or another business.

Journal Entries

Entries made in a journal documenting every financial transaction of a business and used as the first step in the accounting cycle.

Outstanding Checks

Checks that have been written and recorded in the payer's accounting records but have not yet been cashed or deposited by the payee.