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If a New Device, Such as a Printer or Scanner

question 114

True/False

If a new device, such as a printer or scanner, is attached to a computer, its driver must be installed before the device can be used.


Definitions:

Condemnation Proceeds

Financial compensation received when property is taken by a government authority through eminent domain.

Recognized Gain

The amount of profit that is realized from the sale of assets that must be reported for tax purposes.

Adjusted Basis

The original cost of a property adjusted for factors such as depreciation or improvements, used to calculate capital gains or losses for tax purposes.

Recognized Gain

The profit earned from the sale of an asset that must be reported for tax purposes.

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