With a Computerized Database, the Computer Stores the Data in an Electronic

question 6

True/False

With a computerized database, the computer stores the data in an electronic format on a storage medium such as a hard disk.

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Definitions:

Legal Expense

Costs incurred in the process of legal advice, litigation, or other legal services.

Paid-In Capital

Funds raised by a company through the sale of its shares to investors, over and above the par value of these shares.

Market Price

The present cost for buying or selling an asset or service in the market.

Common Stock

A type of equity security representing ownership in a corporation, with rights to dividends and voting in shareholder meetings.