A Named Collection of Data That Exists on a Storage

question 80

Multiple Choice

A named collection of data that exists on a storage medium is (a) ____.

• A) memory
• B) file
• C) file name
• D) none of the above

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Definitions:

Obsolescence

The process through which a product or technology becomes outdated and no longer used, often due to advancements or changes in consumer preferences.

Depletion

An accounting method used to allocate the cost of extracting natural resources, such as minerals or timber, from the earth, reflecting the consumption of the resource over time.

Expense Account

An account used in accounting to record costs or expenses incurred by a business or individual for operational purposes.

Metal Ores

Naturally occurring solid materials from which metals can be extracted through mining and processed for use.