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Match Each of the Following Approaches to Its Corresponding Description

question 36

Multiple Choice

Match each of the following approaches to its corresponding description.
-This form of client/server architecture places all data presentation functions on the client machine so that the client has total responsibility for formatting data.


Definitions:

Profit Margin

A financial ratio that shows what percentage of sales has turned into profits, indicating the efficiency of a company's cost management.

Accounts Payable

Accounts payable are amounts a company owes its suppliers or creditors for goods or services received that have not yet been paid for.

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value over time.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenues.

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