List and Briefly Describe the Four Components of a Database

question 58

Essay

List and briefly describe the four components of a database management system.​

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Definitions:

Net Present Value

The difference between the present value of cash inflows and outflows over a period of time, used in capital budgeting to assess the profitability of an investment.

Incremental Cash Flows

The additional cash flows that a company expects to generate from a particular investment or project.

Terminal Values

The estimated value of a project or investment at the end of its life, often used in discounted cash flow analyses.

Capital Budgeting

The process a business undertakes to evaluate potential major investments or expenditures, using methods to determine their value and impact on financial performance.