A Form of Distributed Database in Which All Data Across

question 105

Short Answer

A form of distributed database in which all data across a network are kept continuously updated,so a user can access any data anywhere on the network and get the same answer is called a(n)________ distributed database.

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Definitions:

Deferred Gross Profit

Income that is earned but not yet realized, often used in installment sales to represent profit to be recognized in future accounting periods.

Unearned Franchise Fees

Fees received from franchisees that cannot be recognized as revenue until certain obligations are fulfilled by the franchisor, categorized as a liability on the balance sheet.

Notes Receivable

Financial assets representing amounts owed to a company by customers or other entities, typically resulting from sales or loans, that are evidenced by formal agreements.

Franchise Revenue

Income generated from franchising operations, which may include initial franchise fees, ongoing royalties, and other franchise-related income.