-How Do Discs, Like the One in the Accompanying Figure

question 24

Multiple Choice

-How do discs, like the one in the accompanying figure, commonly store items?

• A)in random locations anywhere between the center of the disc and the edge of the disc
• B)in multiple pie-shaped sections that break a track into arcs
• C)in a single track that spirals from the center of the disc to the edge of the disc
• D)in multiple concentric tracks from the center of the disc to the edge of the disc

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Definitions:

Unearned Items

Items for which payment has been received, but the service or product has not yet been delivered or completed.

Liability Accounts

Accounts on a company's balance sheet that track what it owes to others, including loans, accounts payable, and mortgages.

Expense Accounts

Categories in financial accounting used to track money spent on operations and other costs by a business.

Accrued Revenues

Income earned but not yet received or recorded at the end of an accounting period, reflecting revenues for services performed or goods sold but not yet billed.