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:

Variable Costs

Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor expenses.

Sales Commissions

Fees paid to salespersons or agents based on the value or volume of sales achieved, typically expressed as a percentage.

Fixed Selling Expenses

Costs associated with selling a product or service that do not change with the level of production or sales, such as salaries of sales personnel and rent of the sales office.

Sales Budget Report

A financial plan that estimates future sales, often broken down by month, sales unit, or product, to guide a company's sales strategies.