A User's Ability to Perform Certain Operations on a File

question 24

True/False

A user's ability to perform certain operations on a file depend on the permissions that user has been granted.

---

Definitions:

Accounts Payable Period

The average number of days it takes a company to pay off its suppliers and creditors.

Operating Cycle

The time period between the acquisition of inventory by a company and the receipt of cash from the sale of that inventory.

Payables Turnover

A financial efficiency ratio that measures how quickly a company pays off its suppliers by comparing net purchases to average accounts payable.