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Decoupling the data from the system applications is a major difference between the centralized database approach and the applications approach and is known as:
Noncash Investing
Investment activities that do not involve immediate cash transactions, such as acquiring assets through exchange or issuing stock for assets.
Cash Dividend
A cash distribution of earnings by a corporation to its shareholders.
Note Payable
Note payable is a written promise to pay a specified amount of money, often with interest, by a certain date, serving as a formal loan agreement between a borrower and a lender.
Factory Equipment
Durable goods or machinery used in manufacturing processes, typically involving production or maintenance tasks.
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