A Software Program That Lets the User Create Databases and Then

question 50

True/False

A software program that lets the user create databases and then manipulate the data in the databases is called a database management system (DBMS)._________________________

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Definitions:

Depreciation Method

A systematic approach used to allocate the cost of a tangible asset over its useful life, reflecting its consumption, wear and tear, or obsolescence.

Stockholders' Equity

The interest left in a firm's assets after liabilities are deducted, reflecting the stake of the company's owners.

Capital Expenditures

Capital employed by a business for the purchase or improvement of tangible assets like land, factories, or machinery.

Double-Declining-Balance

A method of accelerated depreciation in which an asset's book value is reduced by twice the rate of straight-line depreciation.