A Description of What Actually Happens on the Disk and in the Circuits

question 25

Multiple Choice

A description of what actually happens on the disk and in the circuits is represented by a ____.

• A) logic storage model
• B) physical storage model
• C) disk storage model
• D) computer storage model

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Definitions:

Debit Portion

The side of an accounting entry that increases asset or expense accounts or decreases liability, equity, or revenue accounts.

Asset Account

A category in accounting ledgers that records the increases and decreases in specific assets owned by a business.

Liability Account

An account on a company's balance sheet representing debts or obligations that the company owes to others.

Revenue Recognition Principle

An accounting principle that dictates the conditions under which revenue is recognized and recorded, usually when it is earned and realizable.