The Following Term Could Be Used to Quantify the Size

question 7

Multiple Choice

The following term could be used to quantify the size of a computer file:

• A)Megabyte.
• B)RAM.
• C)ROM.
• D)CMOS.

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Definitions:

Dual Effects Concept

The principle that every transaction has at least two effects on the financial statements - one that increases a category and another that decreases another category, maintaining the balance.

Transaction

An event or activity that impacts the financial position of a company, typically involving the exchange of goods, services, or money.

Relevant

Relevant, in a financial or accounting context, refers to information that is applicable and helpful for decision-making purposes.