The Term _________ Refers to the Logical Structuring of the Records

question 13

Multiple Choice

The term _________ refers to the logical structuring of the records as determined by the way in which they are accessed.

• A) file organization
• B) access method
• C) working directory
• D) database

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Definitions:

Period End Assets

The total value of all assets owned by a company at the end of a financial reporting period.

Ending Inventory

The total value of goods available for sale at the end of an accounting period, calculated for reporting and taxation purposes.

Cost of Goods Sold

Costs directly related to creating products that a company offers for sale.