Listed Below Are Ten Examples of File Organization

question 22

Short Answer

Listed below are ten examples of file organization.
Required: From the following three choices,match the file organization technique with each of the ten examples listed.All techniques will be used more than once.
S = Sequential
IS = Indexed-sequential
D = Direct access
________ 1.A large manufacturing company pays all employees once a week.
________ 2.The inventory system of a 24-hour grocery store automatically orders merchandise from vendors when the inventory level is low.
________ 3.A bank customer checking account file is online in an ATM network.The bank also uses the file each month to produce customer statements.
________ 4.An Internet retailer sells children's toys online.
________ 5.An airline reservation system answers customer inquiries about available flights and seats and makes customer reservations.
________ 6.Bookstore employees use an inventory file each week to prepare purchase orders for books.
________ 7.A plant assets file for a small manufacturer is used to prepare quarterly depreciation reports.It is used once a year to prepare a report for insurance purposes.
________ 8.Employees use a vendor application at a trucking company daily to answer questions and accrue accounts payable.The company writes checks to vendors once a week.
________ 9.A file of payables due to actors and writers is processed monthly to prepare royalty checks; it is also used once a year to prepare tax reports.
________ 10.A metropolitan branch library scans books to check them out,answers patron inquiries about available books,and mails monthly statements to patrons having overdue books.

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Definitions:

Risk Averse

A characteristic of individuals or entities that prefer to avoid risk, leading them to choose safer, more predictable options or investments.

Expected Value

The calculated average of all possible values for a random variable, weighted by their probabilities of occurrence.

Lottery

A form of gambling involving the drawing of numbers at random for a prize, often run by state or federal governments.

Risk Aversion

A preference for avoiding risk, where individuals or organizations opt for lower-risk options even when higher risks may offer greater potential rewards.