If a Physical Record Contains Just One Logical Record, the File

question 22

Short Answer

If a physical record contains just one logical record, the file is said to be ____________________.

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Definitions:

Account Receivable

Money owed to a business by its clients or customers for goods or services delivered or used but not yet paid for.

Excess Cash

The amount of cash holdings that exceeds what a company requires for its immediate operational needs, often considered for investment or distribution.

Little Return

A situation where an investment yields a minimal profit, often below the expectations of the investor.

Low Level of Cash

This term indicates a situation where a business or individual has minimal amounts of liquid assets or money on hand.