COGNITIVE ASSESSMENT What Term Refers to the Amount of Time

question 172

Multiple Choice

COGNITIVE ASSESSMENT What term refers to the amount of time it takes a storage device to locate an item on a storage medium?

• A) access time
• B) capacity time
• C) recall time
• D) transfer time

---

Definitions:

Land Account

An account used in accounting to track the investment in land owned by an entity, including the costs associated with acquiring the land.

Adjustment Necessary

Indicates that changes must be made to financial records or statements to correct inaccuracies or account for new information.

Equipment Account

An account in financial records that tracks the cost and accumulated depreciation of equipment owned by a business.

Unamortized Patent

The portion of a patent's cost that has not yet been expensed through amortization.