With a Distributed Database, the Data Is Accessible Through a Variety

question 155

True/False

With a distributed database, the data is accessible through a variety of servers.

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Definitions:

Sales Revenue

Funds received by a company for products sold or services delivered.

Purchases Journal

A financial record keeping a chronological list of all purchases made by a business, especially on credit.

General Ledger

A comprehensive record of all financial transactions that occur within a company, used to compile financial statements.

Posting

The procedure of transferring journal entries to the ledger accounts.