A File Management Utility Provides Tools and Procedures to Help

question 108

Essay

A file management utility provides tools and procedures to help you keep track of your program and data files.These tools are most useful when you have a logical plan for organizing your files and when you follow some basic file management guidelines.List and discuss at least eight of those guidelines.

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Definitions:

Patent Amortization

The gradual expensing of the cost of a patent over its useful life, reflecting the consumption of the patent's value.

Depreciation Expense

The allocated portion of the cost of a fixed asset expensed each year over its useful life, representing wear and tear or obsolescence.

Gain

The increase in the value of an asset or the positive difference between the selling price of an asset and its cost.

Prepaid Expenses

Expenses paid in advance for goods or services to be received in the future, recorded as assets on the balance sheet until they are consumed or used.