The Process Used to Input and Organize Information in One

question 33

Multiple Choice

The process used to input and organize information in one easy-to-access format is referred to as

• A)Identifications system.
• B)Words management system.
• C)Records management system.
• D)Database system.

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Definitions:

Small Business Owner's Product

A product or service that is offered by an entrepreneur owning and running a small-scale business.

Breakeven Point

The level of production or number of sales at which costs equal revenues, resulting in neither profit nor loss.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.

Luxury Goods

Products or services that are not essential but are considered desirable and are associated with high quality and high price.