When Using an Optimistic Approach, During the Read Phase, a Transaction

question 23

True/False

When using an optimistic approach, during the read phase, a transaction reads the database, executes the needed computations, and makes the updates to a private copy of the database values.

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Definitions:

Depreciation Expense

An accounting method that allocates the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Long-Service Leave

An employee benefit offering paid leave to those who have been employed by the same company for a long period of time, typically recognized in countries like Australia.

Accounting Policies

The exclusive doctrines, fundamentals, customs, laws, and strategies adopted by a firm in assembling and revealing its financial documentation.