A Collection of Records and the 1:N Relationships Between Them

question 39

Multiple Choice

A collection of records and the 1:N relationships between them is a ________.

• A)simple network
• B)complex network
• C)compound network
• D)logical network

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Definitions:

Net Income

It represents the amount of money that remains after subtracting all operating expenses, taxes, and costs from total revenue – a key indicator of a company's financial health.

Long-Term Debt

Long-term debt refers to loans and financial obligations lasting more than one year, often used for significant investments or expenses by a company.

Equity

The value of an ownership interest in a firm, including stocks and retained earnings, representing the residual assets after deducting liabilities.