In the Accompanying Figure, the Item Marked C Is A(n)

question 122

Multiple Choice

In the accompanying figure, the item marked C is a(n) ____.

• A) USB port
• B) serial port
• C) parallel port
• D) keyboard port

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Definitions:

Monetary Unit Assumption

An accounting principle that assumes transactions and events can be expressed in monetary units.

Dollar Amounts

Units of currency used in financial transactions or accounting to represent values or costs.

Fair Value

The value that could be gained from the sale of an asset or the expense of transferring a liability, in a regulated transaction among market players on the date of assessment.

Asset Acquired

An item of economic value obtained by a company, expected to provide future benefit by generating cash flows or reducing expenses.