Anything (Such as a Program, Letter, Digital Photograph, or Song)stored

question 21

True/False

Anything (such as a program, letter, digital photograph, or song)stored on a storage medium is called a(n)file . _________________________

---

Definitions:

Payments

Transactions involving the transfer of money in exchange for goods, services, or to fulfill a legal obligation.

Miller-Orr Model

The Miller-Orr Model is a financial model used to manage cash flow and determine the optimal balance between holding cash and investing in securities.

Opportunity Rate

The rate of return of a foregone investment compared to the potential return on the chosen investment.

Net Float

The difference between checks written against and deposited in an account, reflecting the time lag between writing a check and clearing it.