The Advantage of the _____Is That Both Sequential and Random

question 94

Multiple Choice

The advantage of the _____is that both sequential and random access can be used to access records, depending on the number being accessed. ​

• A) indexed sequential access method
• B) progressive access method
• C) direct random access method
• D) random-serialized access method

Recognize the role of arbitration and mediation in resolving workplace disputes.

Understand the concepts of vicarious liability and negligent misrepresentation in the employment context.

Comprehend the processes and criteria involved in bargaining unit determination and union certification.

Understand the legal protections and limitations on workplace picketing and strikes.

---

Definitions:

Net 45

A term indicating that payment is due 45 days after the invoice date.

Average Collection Period

The average number of days that it takes for a business to receive payments owed by its customers, calculated by dividing the accounts receivable balance by the average daily sales.

Credit Terms

The conditions under which a seller will extend credit to a buyer, including the repayment period, discount for early payment, and the rate of interest if applicable.

Discount

A reduction applied to the usual cost of goods or services or the process of determining the present value of future cash flows.