A Storage Disk Is an Example of the ________ Component

question 107

Multiple Choice

A storage disk is an example of the ________ component of an information system.

• A) procedure
• B) data
• C) software
• D) hardware

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Definitions:

Dishonored

Refers to a check or promissory note that has been refused by the bank on which it was drawn because of insufficient funds or other reasons.

Interest

The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.

Percentage of Sales Method

A financial forecasting model that predicts future sales based on historical sales data.

Matching Principle

An accounting concept that dictates expenses should be recorded in the same period as the revenues they help to generate, ensuring accurate financial reporting.