Businesses Strive to Sell Merchandise Inventory Quickly Because the Merchandise

question 66

True/False

Businesses strive to sell merchandise inventory quickly because the merchandise inventory generates no profit until it is sold.

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Definitions:

Record

An item of stored information, such as in a database, often consisting of multiple fields to represent different attributes of something.

Table

A collection of data organized in rows and columns, commonly used in databases and spreadsheets.

Field

In a database context, an area allocated for a specific piece of data, such as a name or address, within a record.

Record

To capture data or information, either in digital or physical format, for the purpose of documenting or tracking.