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Scalability is one of the advantages of cloud-based databases.What this means is that as the company grows, they can easily purchase new capacity from the cloud provider.
Annual Rate
Typically refers to the yearly interest rate or yield on a financial product or investment.
Correcting Entries
Modifications applied to bookkeeping entries to correct mistakes or oversights.
Sales Revenue
Earnings accrued from the transactions of goods or services within a set period.
Inventory
A company's assets that are ready for sale or will be ready after processing.
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