The Computer Can Retrieve Data Stored in a Relational Format

question 20

True/False

The computer can retrieve data stored in a relational format both quickly and easily,but the data must be displayed in a specific order.

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Definitions:

Short-term Investments

Financial assets that are expected to be converted into cash or sold within a year or the operating cycle, whichever is longer.

Current Liabilities

Short-term financial obligations that are due to be paid within one year, such as accounts payable, short-term loans, and taxes owed.

Accounts Receivable Turnover

A measure of the liquidity of accounts receivable; computed by dividing net credit sales by average net accounts receivable.

Net Credit Sales

The total amount of sales made on credit, minus any returns or allowances.