Database Software Can Help Alleviate

question 14

Multiple Choice

Database software can help alleviate

• A)the need to use spreadsheets.
• B)disk space issues.
• C)information overload.
• D)the need for validation of data.

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Definitions:

Accounts Receivable

Funds that customers owe to a business for products or services already provided but not yet compensated for.

Notes Receivable

Financial assets representing written promises for future receipt of cash.

Accounts Payable

A liability account that tracks money owed by a business to suppliers or creditors for goods and services purchased on credit.

Notes Payable

A financial liability on a company's balance sheet representing promissory notes that require future payments of principal and possibly interest.