The long-term, high-capacity "warehousing" section of the computer is the ________

(a) Arithmetic logic unit.
(b) Central processing unit.
(c) Secondary storage unit.
(d) Memory unit.


Ans: (c)

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Consider Figure 2.2. With specialization, Canada produces

a. 16 televisions. b. 12 televisions and 8 refrigerators. c. 8 televisions and 16 refrigerators. d. 24 refrigerators.

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The depreciation base is computed as follows: Estimated Residual Value = Depreciation Base - Asset Cost

Indicate whether the statement is true or false

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A pedestrian trips and falls on a poorly lit sidewalk in front of Kate Geller's house and is injured. If the pedestrian sues for damages, which of the following parties would most likely be liable to pay the damages?

A. the civic authority B. Kate Geller C. the residents' association of the locality D. the pedestrian

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Each individual entry in the Revenue Journal is posted to

A) the Accounts Receivable controlling account B) the accounts receivable subsidiary ledger C) the Revenue controlling account D) the accounts receivable subsidiary ledger and the controlling account

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