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Which of the following statements is true of a hierarchical DBMS?
Depreciation Expense
The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
Net Income
The net earnings of a company once all costs and taxes are subtracted from the total income.
Stockholders' Equity
Stockholders' equity represents the owners' claim after subtracting total liabilities from total assets, indicating the net worth of a company from the shareholders' perspective.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting its liabilities, representing the ownership stake of the shareholders.
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