Which Statement Is Not Correct? the VSAM Structure

question 6

Multiple Choice

Which statement is not correct? The VSAM structure

• A) is used for very large files that need both direct access and batch processing.
• B) may use an overflow area for records.
• C) provides an exact physical address for each record.
• D) is appropriate for files that require few insertions or deletions.

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Definitions:

Expense Ratio

A measure reflecting the annual cost of investing in a mutual fund or ETF, expressed as a percentage of assets under management.

12b-1 Fee

A fee charged by some mutual funds to cover promotion, distribution, and marketing expenses.

Bank CD

A Certificate of Deposit, a savings certificate with a fixed maturity date and specified fixed interest rate, offered by banks.

Expense Ratio

The annual fee expressed as a percentage of assets under management that investors pay for mutual fund or ETF operations and administration.