Main Memory Is Commonly Known as ____________, or RAM

question 50

Multiple Choice

Main memory is commonly known as ____________, or RAM.

• A) random-access memory
• B) read-append memory
• C) random-asynchronous memory
• D) readily-available memory

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Definitions:

Merchandise Inventory

Refers to the goods a company holds for the purpose of selling them to customers. It is considered a current asset on the balance sheet.

Budgeted Cost

This refers to the predicted costs of goods, services, projects, or operations that are planned for a future period.

Merchandise Purchases Budget

An estimate detailing the amount of goods a company plans to purchase over a certain period to meet its sales and inventory needs.

Selling Expenses Budget

A financial plan estimating the costs associated with promoting, selling, and distributing a product or service for a future period.