Data Independence Refers to Decoupling the Data from the System

question 175

True/False

Data independence refers to decoupling the data from the system applications, and it is a major difference between the centralized database approach and the applications approach.

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Definitions:

Total Fixed Cost

The sum of all costs that do not change with the level of output or sales in the short term, such as rent and salaries.

Activity Bases

Metrics used to allocate costs based on various activities or drivers that cause costs to be incurred.

Food Costs

The total cost incurred by a business to produce the food items it sells.

Units-Of-Production Depreciation

A method of depreciation based on an asset's usage, activity, or units of production rather than the passage of time.