Which of the Following Statements Is True of a Flat

question 17

Multiple Choice

Which of the following statements is true of a flat file system?

• A) Same data can be stored in more than one file.
• B) Programs and data are independent.
• C) Complex requests can be handled easily.
• D) It requires very less storage space.

---

Definitions:

T-Bill

A short-term government debt obligation backed by the Treasury Department of a country with a maturity of less than one year.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual rate.

Holding Period

The length of time an investment is held by an investor before being sold.

Student Loans

Financial borrowings specifically designed to cover educational expenses, often subject to different terms and conditions than other loan types.