One Advantage of a Database System Over Previous Data Management

question 38

True/False

One advantage of a database system over previous data management approaches is that the database system is considerably less complex.

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Definitions:

Raw Materials

Substances or components that are used in the production or manufacturing of goods.

Budgeted Cost PURCHASES

Budgeted cost purchases refer to the projected expenditure for acquiring goods or services as planned within a budget period, usually part of a company's purchasing budget.

Required for Production

The materials, labor, and overhead expenses needed to manufacture a product.

Accounts Receivable

Money owed to a business by its customers for goods or services delivered but not yet paid for, considered a current asset on the balance sheet.