Each of the Following Is a Commonly Used Output Device

question 110

Multiple Choice

Each of the following is a commonly used output device except _____.

• A) a printer
• B) a monitor
• C) a scanner
• D) speakers

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Definitions:

GAAP

GAAP (Generally Accepted Accounting Principles) is a collection of commonly-followed accounting rules and standards for financial reporting.

Capital Lease

A lease agreement in which the lessee gains ownership or a substantial portion of the rights to the asset by the end of the lease term, treated as a purchase in accounting.

Lessee

A person or entity that leases property or equipment from another, known as the lessor, under a lease agreement.

Lessor

An entity or individual that owns an asset and grants another party the right to use that asset in exchange for periodic rental payments.