A CRUD Matrix Shows Where Records Are Added, Changed, Used

question 4

True/False

A CRUD matrix shows where records are added, changed, used, and deleted from a file.

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Definitions:

Short-Term Debt

Liabilities or loan obligations that are due to be paid within a year.

Average Collection Period

The average number of days it takes for a company to receive payments owed by its customers for goods or services sold on credit.

Credit Sales

Credit sales are transactions where the buyer is allowed to pay for goods or services at a later date, extending credit.

Accounts Receivable

Money owed to a business by its customers for goods or services delivered on credit.