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:

Plant Asset

Long-term tangible assets used in the production of goods or services, including machinery, buildings, and equipment.

Depreciation

The methodical distribution of the expense of a physical asset across its expected lifespan.

Disposal

The process of getting rid of an asset or waste material, including selling, recycling, or discarding.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was acquired, reflecting its use and wear and tear over time.