Which Database Structure Was the First Database Management System Developed

question 33

Multiple Choice

Which database structure was the first database management system developed by GE?

• A)relational
• B)object- oriented
• C)hierarchical
• D)network

Understand the different methods of pollution abatement and their economic implications.

Calculate efficient level of output considering external costs.

Interpret graphical representations related to market externalities and their resolutions.

Understand the concept and implications of positive externalities on market outcomes.

---

Definitions:

Owner's Capital

The amount of money and assets invested in a business by its owner, minus any withdrawals.

Net Income

The residual financial gain of a business following the deduction of every expense, tax, and cost from its total revenue.

Accounting Cycle

The collective process of recording and processing the accounting events of a company, culminating in the production of financial statements within a specific period.

Income Summary

An account used in the closing process that summarizes the revenues and expenses for an accounting period before transferring the net income or loss to owner's equity.