A File Channel Is ____, Meaning You Can Search for a Specific

question 55

Multiple Choice

A file channel is ____, meaning you can search for a specific file location and operations can start at any specified position.

• A) moveable
• B) seekable
• C) flexible
• D) dynamic

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Definitions:

Initial Direct Costs

Expenses directly associated with acquiring or originating a new loan or lease, including commissions, legal fees, and internal costs that are incremental and directly attributable to the transaction.

AASB 16

The Australian Accounting Standards Board standard that specifies the principles for recognition, measurement, presentation, and disclosure of leases.

IFRS 16

An International Financial Reporting Standard that provides guidance on accounting for leases, requiring lessees to recognize assets and liabilities for most leases.

Lease Receipts

Payments received by a lessor from a lessee for the use of an asset during the lease term.