)Online Transaction Processing (OLTP)systems Enable Us to Fill Out a Grid,or

question 3

True/False

)Online transaction processing (OLTP)systems enable us to fill out a grid,or template,in order to construct a sample or description of the data we would like to see,typically using the drag-and-drop features of a graphical user interface to create a query quickly and easily.

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Definitions:

Accounting Estimate

An approximation of a financial amount in the absence of precise data or measurements.

Reporting Entity

A business or organization that is required to prepare financial statements.

Operating Activity

Activities that constitute the primary or main activities of an entity, including cash flows related to sales, expenses, and other core business operations.

Cash Dividend

A direct payment of profits from a corporation to its shareholders, often distributed quarterly.