ROM Is Nonvolatile,meaning It Does Not Require Constant Power to Function.ROM

question 90

True/False

ROM is nonvolatile,meaning it does not require constant power to function.ROM contains essential system programs that neither the user nor the computer can erase.Since the computer's internal memory is blank during start-up,the computer can't perform any functions unless given start-up instructions.

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Definitions:

Depreciation

Systematic assignment of a tangible asset’s value over its functional lifespan.

Adjusting Entry

An accounting entry made in the general ledger to record changes in account balances not captured during the accounting period.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in the net profit or loss.

Prepaid Insurance

Insurance costs paid upfront and recorded as assets until the benefit period expires, at which point they are expensed.