An Organized Collection of Related Data Is Called a ____________________

question 24

Multiple Choice

An organized collection of related data is called a ____________________.

• A)relational database
• B)program
• C)bill
• D)None of the above

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Definitions:

Capital Account Balances

The amounts recorded in the equity section of a company's balance sheet that represent the owners' stakes.

Partnership Loan

A loan taken by a partnership, which is a business entity where two or more individuals operate for the common goal of making profit.

Liquidation Expenses

Costs associated with the liquidation process, including legal, accounting, and selling expenses necessary to convert assets into cash.

Noncash Assets

Assets that are not in the form of cash or not easily convertible to cash, often including property, plant, and equipment.