In __________ File Organization,which Is the Way Files Are Organized

question 13

Multiple Choice

In __________ file organization,which is the way files are organized on tape,data records must be retrieved in the same physical sequence in which they are stored.

• A)direct
• B)random
• C)sequential
• D)primary

---

Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, often recognized in financial statements as a non-operating expense.

Amortization

The process of spreading out a loan into a series of fixed payments over time, where part of each payment goes toward the principal amount borrowed and part goes toward interest.

Depreciation

A method of allocating the cost of a tangible asset over its useful life.

Tangible Assets

Tangible assets are physical assets that have a finite monetary value and physical presence, such as machinery, buildings, and land.