The Organization of Files in a Computer System Normally Uses

question 76

Multiple Choice

The organization of files in a computer system normally uses one of two different access methods.The access method where the files store records in sequence, with one record stored immediately after another, is referred to as:

• A)Chronological Access
• B)Sequential Access
• C)Random Access
• D)Numerical Access

Understand the purpose and types of inventories, including work-in-process and maintenance, repair, and operations (MRO) inventories.

Comprehend the importance of cycle counting, its implementation, and how it varies from item to item based on classification.

Identify the fundamental issues in inventory management, including selection of items for order and choice of suppliers.

Grasp the concept and application of ABC analysis in inventory management for prioritizing inventory control efforts.

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Definitions:

Merger Offer

A proposal by one company to combine its operations with another company's operations, usually through the acquisition of stock.

Significant Gains

Large positive changes in the financial or operational performance of a company.

Managerial Control Issues

Managerial control issues refer to challenges or problems in overseeing and directing the activities and performance of an organization or its employees.

Maximize Stock Price

It refers to strategies and measures taken by a company aimed at increasing the market value of its shares.