What Kind of Data Can Be Lost When a Computer

question 1

Multiple Choice

What kind of data can be lost when a computer is turned off?

• A)Volatile
• B)Static
• C)Non-volatile
• D)Persistent

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Definitions:

Physical Inventory

The process of counting and verifying the physical existence of tangible goods and assets held by a business for resale or production purposes.

Dollar-value LIFO Retail Method

This method combines the Last In, First Out (LIFO) inventory method with dollar-value calculations to adjust inventory for changes in price levels, often used in retail.

Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services over a period of time.

Ending Inventory

The total value of all goods available for sale at the end of an accounting period.