Locks That Are Placed Assuming That a Conflict Will Occur

question 84

Multiple Choice

Locks that are placed assuming that a conflict will occur are called:

• A)dynamic locks.
• B)explicit locks.
• C)implicit locks.
• D)optimistic locks.
• E)pessimistic locks.

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Definitions:

Operating Activities

Transactions and events that are directly related to the primary operations of a business, typically involving revenue and expense activities.

Investing Activities

Transactions involving the purchase or sale of long-term assets and other investments not considered cash equivalents, usually reflected in the cash flow statement of a company.

Cash Dividends

Payments made by a corporation to its shareholders, usually in the form of cash, out of its profits or reserves.

Payable

Refers to an amount of money that a company owes to its creditors or suppliers, to be paid at a later date.