Pointers Are Used

question 19

Multiple Choice

Pointers are used

• A) to link records within a file.
• B) to link records between files.
• C) to identify records stored in overflow.
• D) all of the above.

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Definitions:

Shared Profits

Profits distributed among stakeholders or partners of a business venture based on a predetermined formula or agreement.

Gross Returns

The total financial gains received from an investment before any deductions are made for expenses, taxes, or losses.

Limited Liability Partnerships (LLPs)

A business structure where partners have limited personal liability for the debts of the partnership.

LLP Statute

A legal regulation that governs the formation, operation, and dissolution of Limited Liability Partnerships, addressing aspects like liability and tax treatment of partners.