Look-Up Files Store Core Information That Is Important to the Business

question 46

True/False

Look-up files store core information that is important to the business and to the application, and are usually kept for long periods of time with new records appended to the end of the file.

---

Definitions:

Investment Turnover

A measure of a company's efficiency in using its invested capital to generate revenues, often calculated as sales divided by the average invested capital.

Invested Assets

Assets that have been contributed or used by investors in the hope of generating future returns, often through interest, dividends, or appreciation in value.

Investment Center Performance

The evaluation of a unit within a company by measuring its profitability and the return on assets it controls.

Controlling Investment

A significant ownership stake in a company that grants the investor the power to influence or direct the company's decisions.