Data Is Read Off of Hard Disks in Concentric Circles

question 11

Multiple Choice

Data is read off of hard disks in concentric circles called ____.

• A) tracks
• B) blocks
• C) sectors
• D) cylinders

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Definitions:

Income Summary

An account used in the closing process that summarizes the revenues and expenses of an accounting period.

Capital

Financial assets or the financial value of assets, such as cash and goods, working capital used in a business by a person, company, or organization.

Income Summary

An account used to summarize the revenue and expenses for a specific period, aiding in the transition to the next accounting period.

Net Loss

The amount by which total expenses exceed total revenues in a given period, indicating a financial loss.