Final answer:
RAM is a type of computer memory that temporarily stores data before it is processed. It is a random access memory (RAM) and does not run tests on memory, CPU, or initialize hardware components.
Step-by-step explanation:
RANDOM ACCESS MEMORY (RAM) is a type of computer memory that is used to temporarily store data before it is processed and sent to your screen or printer. This statement accurately describes RAM. The data stored in RAM can be accessed at any address with the same amount of time, making it a random access memory.
So, statement 2 is also accurate. RAM stands for 'random access memory,' which is the primary storage in a computer system. Therefore, statement 3 is true. However, RAM does not run tests of memory and the CPU or initialize hardware components. Therefore, statement 4 is not accurate.