When the Term ____ Is Used Alone, It Refers to Chip-Based

question 1

Multiple Choice

When the term ____ is used alone, it refers to chip-based storage used by the computer-usually the amount of the computer's main memory (called RAM) , which is located inside the system unit (shown in the accompanying figure) .

• A)system
• B)memory
• C)disc drive
• D)processor

---

Definitions:

Traditional Format

A standard format used in accounting or reporting that follows longstanding, established guidelines.

Gross Margin

A company's total sales revenue minus its cost of goods sold, divided by total sales revenue, expressed as a percentage, indicating the financial health and profitability of a company's core activities.

Cost Of Goods Sold

The particular expenses associated with generating the goods a business sells, covering labor and materials.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen.