ROM Is Nonvolatile, Meaning It Does Not Require Constant Power

question 50

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 cannot perform any functions unless given start-up instructions.

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Definitions:

Changes In Retained Earnings

Modifications in the accumulated net income of a company that are not distributed to shareholders as dividends.

Statement Of Cash Flows

A financial report detailing the inflows and outflows of cash within a company during a specific period, indicating its operating, investing, and financing activities.

Multiple-step

An income statement format that separates operational revenues and expenses from non-operational ones, providing a detailed view of financial performance.

Balance Sheet

A financial statement that provides a snapshot of a company’s financial position, listing assets, liabilities, and equity at a specific point in time.