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Data Administration Personnel Serving as Liaisons to Systems Analysts and Programmers

question 29

True/False

Data administration personnel serving as liaisons to systems analysts and programmers help determine which of the data items needed for an application already exist in the database.


Definitions:

Perpetual Inventory System

An inventory system that records changes in inventory levels after every transaction, ensuring continuous, real-time updates.

Accounts Payable

A liability account that records amounts owed by a company to suppliers or creditors for purchases made on credit.

Merchandise Inventory

Represents the goods a company intends to sell to customers that are purchased and stored, evaluated as a current asset on the balance sheet.

F.O.B. Shipping Point

A term used in shipping contracts indicating that the buyer takes ownership and responsibility for goods once they leave the seller's premises.

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