Which of the Following Is Not One of the Reasons

question 21

Multiple Choice

Which of the following is not one of the reasons that a mobile device can be categorized as a computer?

• A)It operates under the control of instructions stored in its own memory.
• B)It can accept output.
• C)It can process data according to specified rules.
• D)It can store information for future use.

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Definitions:

Inventory

The raw materials, work-in-process products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Accounts Payable

Liabilities of a business representing amounts owed to creditors for goods and services received but not yet paid for.

Noncash Transactions

Financial activities that do not involve the transfer of cash, including depreciation, stock-based compensation, and asset exchanges, but impact the financial statements.

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting liquidity, within a specific period.