_____ Is an Example of a Secondary Memory Device

question 72

Multiple Choice

_____ is an example of a secondary memory device.

• A)An inkjet printer
• B)An optical disc
• C)Random access memory
• D)Read-only memory

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Definitions:

Inventory Costing Methods

Techniques used to assign costs to inventory items, such as First-In, First-Out (FIFO), Last-In, First-Out (LIFO), and weighted average cost.

Gross Profit

The difference between revenue from sales and the cost of goods sold, before accounting for selling, general, and administrative expenses.

Cost of Goods Sold

The specific costs related to the production of goods that a company markets.