When Processing Records Sequentially

question 1

Multiple Choice

When processing records sequentially

• A)The records are processed one at a time starting with the first record.
• B)The fields are processed one at a time starting with the first field.
• C)The records are processed one at a time starting anywhere in the file.
• D)The fields are read one at a time starting anywhere in the record.

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Definitions:

Cost of Goods Sold

Direct expenditures linked to the creation of goods sold by a business.

Calculate

To determine something mathematically, such as a sum, total, or other numeric value.

Period

A length of time in financial accounting, often used to report earnings or track expenses, such as a quarter or fiscal year.

Days' Sales

A financial metric measuring the average time in days that a company takes to sell its inventory, indicating the efficiency of its sales and inventory management.