In a Database System,a ________ Is the Smallest Piece of Data

question 6

Multiple Choice

In a database system,a ________ is the smallest piece of data.

• A)field
• B)record
• C)byte
• D)file

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Definitions:

Financial Statements

Written records that convey the business activities and the financial performance of a company, typically including the income statement, balance sheet, and statement of cash flows.

Useful Lives

The estimated duration a tangible asset is expected to be usable for its intended purpose, influencing depreciation calculations.

Long-Lived Assets

Assets that are expected to provide economic benefits over a period longer than one year, such as buildings and machinery.

Profit and Loss Comparisons

Analyzing and contrasting the income and expenses over different periods to understand financial performance trends.