If You Have Not Yet Used the COMMIT Command to Store

question 70

True/False

If you have not yet used the COMMIT command to store the changes permanently in the database,you can restore the database to its previous condition with the ROLLBACK command.

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Definitions:

Financial Statement

Consolidated documents that present the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.

Balance Sheet

A financial statement that provides a snapshot of a company’s financial position at a specific point in time, listing assets, liabilities, and shareholders' equity.

Income Statement

A document detailing a firm's income and outgoings during a certain time, ending in either a profit or a deficit.

Net Income

The total profit of a company after subtracting all costs, expenses, and taxes from the total revenue.