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Databases Are Created in a DBMS During the Implementation Step

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Databases are created in a DBMS during the implementation step.


Definitions:

Cash Dividends

The issuing of cash dividends from earnings to shareholders by a corporation.

Income Statement

A financial statement that shows a company’s revenue, expenses, and profit over a specific period.

Statement Of Retained Earnings

A financial report detailing the variations in retained earnings over a certain timeframe.

Balance Sheet

A financial statement that shows a company’s assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.

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