In This Type of Database, the Data and the DBMS

question 2

Multiple Choice

In this type of database, the data and the DBMS are stored either on the user's hard-disk drive or on a LAN file server.

• A) Company
• B) Individual
• C) Commercial
• D) Web

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Definitions:

Acquisition Differential

The difference between the cost of acquiring a company and the sum of the fair market values of the identifiable assets acquired minus liabilities assumed.

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and adjusted thereafter for the investor's share of the investee's net income or loss.

Patents

Intellectual property rights granted to an inventor, providing exclusive rights to use, sell, or manufacture the invention for a certain period.

Equipment

Tangible personal property used in operations, such as machinery or office hardware, that is not intended for sale.