A Random Access File

question 6

Multiple Choice

A random access file:

• A)Can be accessed sequentially.
• B)Uses many methods of accessing records including linked lists and binary trees.
• C)Can access any record without reading through any other records.
• D)All of the above.

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Definitions:

Cost of Goods Sold

Costs that are directly associated with the manufacture of products a company offers for sale, including the expenses for labor and materials.

Total Expenses

The sum of all costs and expenses incurred by a business during a specific period.

General and Administrative Expenses

Overhead costs not directly tied to the production of goods or services, including salaries of executives, rent, utilities, and legal fees.

Overall Operations

An overarching term that encompasses the entire scope of activities and processes undertaken by a business to create and deliver products or services.