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What Is the Difference Between Data Files and Program Files

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What is the difference between data files and program files?


Definitions:

Sale Of Land

A transaction involving the transfer of ownership of land property from one party to another.

Loss

A financial condition where expenses exceed revenue, resulting in a negative profit for a business.

Income Statement

An income statement is a financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and profits or losses.

Net Income

The net income a company generates once it subtracts all costs and taxes from its total earnings.

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