One of the First Storage Media Used with Mainframe Computers

question 116

Multiple Choice

One of the first storage media used with mainframe computers was ____.

• A) Zip disks
• B) tape
• C) optical disks
• D) microfilm

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Definitions:

Liability

A financial obligation or debt owed by a company to another entity, to be paid in the future.

Discount Period

The time frame within which a buyer can pay less than the full amount due on an invoice if payment is made promptly, often to encourage early payment.

Credit Terms

Conditions under which credit is extended by a lender to a borrower, including the repayment timetable, interest rate, and any other requirements.

Periodic Inventory Method

An inventory accounting method where the inventory balance is updated at specific intervals rather than after each purchase or sale.