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The Practical Significance of Taking the Logical View of a Database

question 40

True/False

The practical significance of taking the logical view of a database is that it serves as a reminder of the simple file concept of data storage.


Definitions:

Total Assets

The sum of all current and non-current assets owned by a business, indicating its total resources.

Cost Per Unit

The total expense incurred in manufacturing or acquiring a product divided by the number of units.

Purchased

Acquired in exchange for money or its equivalent; obtaining ownership of a good or service.

Days' Sales

A financial ratio that measures the average time it takes a company to convert its inventory into sales.

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