Related Groups of Fields That Repeat Themselves in Variable-Length Records

question 30

True/False

Related groups of fields that repeat themselves in variable-length records are called repeated groups.

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Definitions:

Profitable

Describes a situation, venture, or entity that generates more revenue than the expenses incurred, resulting in financial gain.

Capital Account

In finance, a record of the financial transactions and investments between residents of a country and the rest of the world.

Capital Account

A national account that shows the net change in asset ownership for a country over a period of time.

Partnership Assets

Assets or property owned jointly by partners in a business partnership, used and managed for the benefit of the partnership.