ROM Is Temporary and Volatile, RAM Is More Permanent and Non-Volatile.​

question 108

True/False

ROM is temporary and volatile, RAM is more permanent and non-volatile.​

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Definitions:

Net Sales

Revenue from sales transactions after deducting returns, allowances for damaged or missing goods, and discounts.

Working Capital Ratio

A financial metric that measures a company's ability to pay off its short-term liabilities with its short-term assets, indicating liquidity.

Current Liabilities

Short-term financial obligations due within one year or within a company's operating cycle, whichever is longer.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenues.