Running an Applications Approach to Sales and Inventory Programs Leads

question 145

Multiple Choice

Running an applications approach to sales and inventory programs leads to:

• A) a central database
• B) data redundancy
• C) higher efficiencies
• D) reports that are easier to query

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Definitions:

Unearned Revenues

Money received by a business for services or products that have not yet been provided or delivered to the customer.

Sales Revenue

The revenue a company earns from selling products or delivering services.

Interest Expense

The sum an entity is liable for as a result of borrowing funds over a particular period.

Unearned Revenues

This reflects money received by a company for goods or services yet to be provided.