The Application Development Capabilities Built into a Variety of Software

question 63

True/False

The application development capabilities built into a variety of software packages have made it easier for many users to develop their own computer-based solutions.

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Definitions:

Recorded

The act of entering financial transactions into the accounting records of a business.

Interest-Bearing Note

A financial instrument that requires the issuer to pay interest in addition to repaying the principal amount at the note's maturity.

Maturity

The date on which a financial obligation, such as a bond or loan, is due to be fully paid off.

Obligations

A duty or responsibility to fulfill an agreement, such as financial repayments.