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What Is the Purpose of a DBMS's Data Definition Function

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What is the purpose of a DBMS's data definition function?


Definitions:

Current Liability

A company's debt or obligations that are due within one year.

Recognized Revenues

This accounting concept refers to revenues that have been earned (goods or services have been delivered), and there is a reasonable certainty of collection.

Cash Currently

Liquid funds that are readily available for use in the immediate or near future.

Notes Payable

Short-term or long-term liabilities represented by promissory notes that a company promises to pay back at a future date with interest.

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