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The first step in database design is defining a _____, which determines how data is created, represented, organized, and maintained.
Depreciation Expense
An accounting method that allocates the cost of a tangible asset over its useful life, representing the reduction in value of an asset over time.
Operating Expenses
The costs associated with the day-to-day operations of a business, including rent, utilities, salaries, and office supplies, but excluding the cost of goods sold.
Current Assets
Short-term assets expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer.
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