Software That Organizes, Manages, and Processes Business Data, Such as Data

question 74

Multiple Choice

Software that organizes, manages, and processes business data, such as data concerned with inventory, customers, and vendors, is called:

• A) system software.
• B) application software.
• C) data management software.
• D) network software.
• E) web services software.

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Definitions:

Paid-in Capital

The total amount of money investors have contributed to a company in exchange for shares of stock.

Stock Dividend

A dividend payment made in the form of additional shares rather than cash, increasing the number of shares owned by shareholders.

Stockholders' Equity

The residual interest or ownership in the assets of a corporation after deducting liabilities, often referred to as shareholders' equity.

Stock Dividend

A form of dividend payment made in shares of stock rather than cash, often signaling a company's growth prospects or lack of sufficient cash flow.