Bits

Byte
A byte is the amount of computer memory space needed to store one character, which is typically 8 bits. A computer with 8-bit bytes can distinguish 2^8 = 256 different characters. The size of a computer's memory is measured in kilobytes, where 1 kilobyte (KB) = 1024 bytes.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.