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In Block-Numeric Coding, Records Are Classified by Subjects in Units

question 21

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In block-numeric coding, records are classified by subjects in units of 10 and coded for arrangement in numeric order.


Definitions:

Common Stock

Equity ownership in a corporation, with shareholders entitled to vote on corporate matters and receive dividends when declared.

Market Price

The present cost at which a product or service can be purchased or sold on the market.

Return on Total Assets

A measure of profitability that indicates how efficiently a company is using its assets to generate earnings.

Total Assets

The sum of all current and non-current assets that a company owns, visible on the balance sheet.

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