Digital Data Can Be __________ That Have Been Converted into Discrete

question 50

Multiple Choice

Digital data can be __________ that have been converted into discrete digits such as 0s and 1s.

• A) text
• B) numbers
• C) graphics, sound, and video
• D) all of the above

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Definitions:

Bond Premium Amortization

The gradual expense recognition over time of the premium paid above the par value for a bond.

Interest Expense

The cost incurred by an entity for borrowed funds, reflected as a charge against earnings.

Interest Rate

The Interest Rate is the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Straight-Line Amortization

A method of calculating the depreciation of an asset or the repayment of a loan in equal installments over a specified period of time.