____ Time Is the Average Time It Takes a Computer

question 20

Multiple Choice

____ time is the average time it takes a computer to locate and read data on the storage medium.

• A) Identification
• B) Isolation
• C) Access
• D) Find

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Definitions:

Average Collection Period

A measure of how long it takes a firm to convert a credit sale (internal store credit, not credit card sales) into a usable form (cash).

Quick Ratio

A financial metric that measures a company's ability to cover its short-term liabilities with its most liquid assets, excluding inventories.

Goods Sold

Goods sold refers to the products that a company has provided to customers in exchange for payment; it is often used in the context of calculating revenues and inventory turnover.

Current Ratio

This is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year.