A Fully Distributed DBMS Must Perform All the Functions of a Centralized

question 7

True/False

A fully distributed DBMS must perform all the functions of a centralized DBMS,and it must handle all necessary functions imposed by the distribution of data and processing.

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Definitions:

FIFO

Stands for "First In, First Out," an accounting method for valuing inventory and determining cost of goods sold, where the oldest inventory is sold first.

LIFO

Last In, First Out, an inventory valuation method where the most recently produced or acquired items are recorded as sold first.

Inflation

How fast the general price for goods and services climbs, lessening the power to purchase.

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers.