Any Code That Helps the Data Entry Person Remember How

question 20

Multiple Choice

Any code that helps the data entry person remember how to enter the data or the end-user remember how to use the information can be considered:

• A) classification code.
• B) significant-digit code.
• C) mnemonic code.
• D) block sequence code.

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Definitions:

Insolvent

Refers to a financial state where an entity cannot meet its debt obligations as they come due.

Obligations

A legal or financial duty that an entity is required to fulfill, such as debt repayment or service delivery.

Liabilities With Priority

Obligations of a business that are given precedence over other debts, especially in the context of bankruptcy or liquidation proceedings.