Random Files Are Also Called ____ Files

question 47

Multiple Choice

Random files are also called ____ files.

• A) direct access
• B) indirect access
• C) sequential
• D) scannable

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Definitions:

Liquidity

A measure of how quickly and easily an asset or security can be converted into cash without significantly affecting its market price.

Profitability

A measure of the efficiency and effectiveness with which a company or business generates profit from its operations.

Non-Interest-Bearing Note

A promissory note that does not accrue interest over time, meaning the borrower only repays the principal amount.

Note Payable

A written promise to pay a specified amount of money, usually with interest, at a future date, classified as a liability on the balance sheet.