Information Storage

Field
In computer word- or data-processing systems, a field is a group of adjacent characters representing a specific piece of information within a record.
Memory (Computing)
Memory in computing refers to the electronic device within a computer, where information is stored while being actively worked on. Memory capacity and type play a crucial role in determining the efficiency and performance of computer applications and software.
Record
In data processing, a record refers to a collection of related data items stored together. Each record contains fields that represent different pieces of related information.

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.