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Access Is Often Used as a Stand-Alone DBMS,meaning a DBMS

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Access is often used as a stand-alone DBMS,meaning a DBMS used by multiple users.


Definitions:

Cost Savings

A reduction in costs achieved through effective resource management, often resulting in increased profit margins.

Cash Payback

The period of time required for the cash flows from a capital investment to repay the initial investment cost.

Straight-Line Method

Depreciation method in which periodic depreciation is the same for each year of the asset’s useful life.

Cash Inflow

The total amount of money being transferred into a business, from operations, investments, or financing activities, within a specific period.

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