From Which of the Following Can Data Records Be Retrieved

question 3

Multiple Choice

From which of the following can data records be retrieved in any order?

• A) binary access files
• B) sequential access files
• C) random access files
• D) serial access files

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Definitions:

Trust Receipts

Documents that acknowledge the receipt of goods but allow the buyer to sell or process the goods before payment is made to the seller.

Floor Plan

Financing method used by dealerships that allows them to have a stock of vehicles on their floors for sale; it is a type of short-term financing.

Commercial Paper

An unsecured, short-term debt instrument issued by a corporation, typically used for the financing of payroll, accounts payable, and inventories, and meeting other short-term liabilities.

Organizational Chart

A visual representation that details the structure of an organization, outlining roles, responsibilities, and relationships between various positions.