All of the Following Are True About In-Database Processing Technology

question 33

Multiple Choice

All of the following are true about in-database processing technology EXCEPT

• A) it pushes the algorithms to where the data is.
• B) it makes the response to queries much faster than conventional databases.
• C) it is often used for apps like credit card fraud detection and investment risk management.
• D) it is the same as in-memory storage technology.

Acknowledge the importance of the time period assumption in financial reporting.

Learn about the effects of not recording certain types of adjusting entries, such as depreciation and accrued expenses.

Understand the process of partnership liquidation and the factors influencing the distribution of liquidation proceeds.

Calculate the distribution of cash and other assets during partnership liquidation respecting partners' capital accounts and profit and loss ratios.

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Definitions:

Operating Expense

Costs associated with the day-to-day operations of a business, excluding the cost of goods sold.

Sales

The total amount of revenue generated by the selling of goods or services.

Sales Invoice

A document issued by a seller to a buyer that lists products or services provided and states the sum due for these.