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Identify and Describe the Four Types of Files in a Computerized

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Essay

Identify and describe the four types of files in a computerized accounting system.


Definitions:

Percent More

A relative increase from one value to another expressed as a percentage.

Initial Value

The starting value of a financial variable before any changes, such as interest or depreciation, are applied.

Percent Change

The measure of how much a quantity grows or shrinks compared to its previous value, often expressed as a percentage.

Equity Mutual Fund

A type of mutual fund that invests primarily in stocks, aiming to provide investment returns that correlate with the performance of the stock market.

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