Which of the Following Statements Is Not True About Solid

question 84

Multiple Choice

Which of the following statements is not true about solid state media?

• A)Flash memory chips are a type of solid state media.
• B)They consist entirely of electronic components, such as integrated circuits.
• C)They contain moving parts.
• D)They are more durable and shock resistant than other types of media.

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Definitions:

Gain On Bargain Purchase

Financial gain recognized when a company acquires assets for less than their fair market value.

Deferred Tax Implications

The financial effects on future tax payments or receipts due to temporary differences between the book value and tax base of assets and liabilities.

Issued Shares

Shares that have been allocated to shareholders by a company, representing ownership in the company.

Net Assets

Net assets represent the total assets of a company minus its total liabilities, indicating the actual value of a company’s equity held by shareholders.