Computers Store Data by Organizing Smaller Units of Data into Larger

question 15

Multiple Choice

Computers store data by organizing smaller units of data into larger units,which have meaning to users.Data values that are stored in a physical space are called a

• A)field.
• B)record.
• C)file.
• D)database.

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Definitions:

Budgets

Formal quantitative plans for the financial management of resources over a specified period, often used for controlling and directing resources.

Budgeted Income Statement

A financial report projecting revenue, expenses, and net income for a future period, based on management's expectations.

Budgeted Balance Sheet

A financial statement that projects the financial position of a company at a future date, showing expected assets, liabilities, and equity based on planned operations and initiatives.

Continuous Budget

A rolling budget for a 12-month period where the budget moves forward one month (or another period) as the current month (or period) is completed.