Confirmations Are Ordinarily Used to Verify Account Balances, but May

question 47

True/False

Confirmations are ordinarily used to verify account balances, but may be used to verify transactions.

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Definitions:

Volatile

In computing, it refers to memory that requires power to maintain the stored information; it loses its content when the power is turned off.

Storage Location

A specific area in memory or on a storage device where data is kept.

RAM

Random Access Memory, a type of computer memory that can be accessed randomly and is used for storing working data and machine code.

Reflective

Pertaining to a surface or material that sends back light, heat, or sound without absorbing it, often used in screen technology or safety equipment.