Which of the Following Is Conceptually Divided into Logical Records

question 48

Multiple Choice

Which of the following is conceptually divided into logical records?

• A) Binary file
• B) Direct access file
• C) Sequential access file
• D) Text file
• E) Directory

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Definitions:

Fair Value Enterprise Method

A valuation approach that estimates the value of an entire enterprise based on the fair value of its assets and liabilities.

Equity Method

An accounting technique used by companies to record their investments in other companies, based on the equity or ownership stake in those companies.

Amortization

The process of gradually writing off the initial cost of an asset over its useful life, applicable to intangible assets.

Acquisition Differential

The gap between what is paid to buy a company and the net worth of its recognizable assets and debts.