When a Large Portion of the File Is to Be

question 4

True/False

When a large portion of the file is to be processed in one operation such as payroll, sequential data structures are an inefficient method of organizing a file.

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Definitions:

Delegating Authority

The act of transferring decision-making power and responsibility from one individual to another, typically from a higher to a lower level in an organization.

Negotiable Instruments

Financial instruments that are transferable by endorsement or delivery, allowing the holder to take possession of the funds, such as checks or promissory notes.

UCC

The extensive legal provisions of the Uniform Commercial Code cover all forms of commercial transactions occurring in the United States.

Commercial Transactions

Deals or agreements between parties that involve the exchange of goods, services, or funds in the course of business operations.