Match the Term on the Left to Its Corresponding Definition

question 88

Multiple Choice

Match the term on the left to its corresponding definition on the right.
-ROM

• A)printer, scanner, or mouse, for example
• B)low-energy, battery powered memory
• C)memory chips on small circuit boards
• D)similar to RAM but nonvolatile
• E)unchangeable information that serves as reference material for the CPU
• F)socket on the outside of the computer
• G)contained on the CPU to perform a variety of simple tasks
• H)adds an additional feature to a computer system
• I)area in the computer box for disk drives or other devices
• J)wires that move data from one component to another
• K)temporary storage area

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Definitions:

Unrealized Loss-Income

Financial losses or gains that have occurred on paper due to changes in asset values but are not realized until the asset is sold.

Unrealized Gain or Loss-Equity

Increases or decreases in the value of held investments that have not yet been sold, affecting the equity portion of the balance sheet.

Stockholders' Equity

The net worth of a company, calculated as total assets minus total liabilities, representing the ownership interest of shareholders in the corporation.

Contra Asset

An account that offsets an associated asset account, with common examples being accumulated depreciation and allowance for doubtful accounts.