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A Database Is a Set of One or More Computer

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A database is a set of one or more computer programs that serves as an intermediary between the users and the database management system (DBMS).


Definitions:

Receivables Balance

The complete amount of financial liabilities customers hold towards a company for supplied goods or services awaiting payment.

Accounts Receivable Period

The amount of time it takes for a company to collect payment from its customers after a sale has been made.

Cost of Goods Sold

Represents the direct costs attributable to the production of the goods sold by a company.

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