A Database Server Is Software That Handles All Application Operations

question 8

True/False

A database server is software that handles all application operations between browser-based computers and a company's back-end business applications or databases.

---

Definitions:

Inventory Cost Formulas

Methods used to determine the cost of inventory sold and ending inventory value, such as FIFO (First-In, First-Out), LIFO (Last-In, First-Out), and weighted average cost.

FIFO

First In, First Out, an inventory valuation method that assumes that the first items placed in inventory are the first sold.

Net Realizable Value

The estimated selling price of goods minus the cost of their sale or disposal.