Database Management Systems, DBMS, Is Are)

question 4

Multiple Choice

Database management systems, DBMS, is are) :

• A)Software that manages a database and controls access and use of data
• B)Printed policies about the use and access to data.
• C)Systems which require each user to create his own master data file.
• D)Systems that allow unlimited access to the data files by all users.

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Definitions:

Mark-up

The amount added to the cost price of goods to cover overhead and profit.

Eliminate

The process of removing or getting rid of something.

Contribution Margin

The amount remaining from sales revenue after all variable costs have been deducted, indicating how much revenue is contributing to covering fixed costs and generating profit.

Machine Set-ups

The arrangements and adjustments made to machinery to prepare it for a production run.