Random Access Means

question 32

Multiple Choice

Random access means:

• A)All data items in the group must be read but the groups do not need to read in order.
• B)Any data item can be directly accessed without reading in sequence.
• C)All data items must be read in the order placed into the system, not alphabetically.
• D)All data items must be read in alphabetical order, not in the order they were placed in the system.

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Definitions:

Fixed Asset

Long-term tangible property or equipment that a firm owns and uses in its operations to generate income, not expected to be consumed or converted into cash within a year.

Cash Payback Method

A capital budgeting technique that estimates the time required to recoup the initial investment in a project, using cash inflows.

Average Rate of Return

A financial metric used to estimate the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost.

Capital Investment Analysis

The process of assessing the profitability and risk of potential investment opportunities in capital assets.