What Type of Database Are Employees Using When They Access

question 94

Multiple Choice

What type of database are employees using when they access online data banks,whether those data banks are free or paid for through subscriptions?

• A)Common databases
• B)Distributed databases
• C)External databases
• D)Local databases

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Definitions:

Annual Reports

Comprehensive reports produced annually by companies to detail their financial performance, operations, and future outlook.

Year-End Inventory

Year-End Inventory is the total value of all inventory held by a company at the end of its fiscal year, crucial for financial reporting and tax calculations.

Weighted Average Cost

A method of inventory valuation that calculates the cost of goods sold and ending inventory based on the average cost of all units available for sale.

Inventory Balance

The total value of a company's goods and materials held in stock, as recorded on the balance sheet.