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____________________ Software Is Used to Manage Data That Can Be

question 59

Short Answer

____________________ software is used to manage data that can be organized into lists of related information such as customers, products, vendors, employees, projects, or sales.


Definitions:

Special Item

Unusual or infrequent gains or losses in a company’s financial statements, which are not expected to recur in the foreseeable future.

Discontinued Operations

Components of a business that have been disposed of or are classified as held for sale, and will not be continuing operations in the future.

Future Cash Flows

Estimated future financial earnings or expenses, which are used in various financial analyses to determine investment potential or project value.

Income Items

Generally refer to all the items that contribute to a company's net income, including revenue from sales, services, and other sources.

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