Explain the Difference Between a Closed Fact and an Open

question 42

Essay

Explain the difference between a closed fact and an open fact transaction.

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Definitions:

Category Names

Labels used to group similar items, data points, or concepts within a dataset or classification system.

Active Cell

The currently selected cell in a spreadsheet, indicated by a highlighted border.

Recognizes as Text

The ability of software to identify and interpret characters and symbols in images or scanned documents as editable text.

Edit Mode

A state in software applications that allows users to make changes or modifications to documents, files, or multimedia.