What are the functions of database management software (DBMS)? Name some common database management software

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Database management software (DBMS) is used to create and manage the database. It provides tools for ensuring security, replication, retrieval, and other administrative and housekeeping tasks. The DBMS serves as a kind of gateway to the database itself and as a manager for handling creation, performance tuning, transaction processing, general maintenance, access rights, deletion, and backups. Microsoft Access, Microsoft SQL Server, Oracle, and MySQL are some commonly used DBMS.

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The audit working paper that reflects the major components of an amount reported in the financial statements is the

a. Interbank transfer schedule b. Carryforward schedule c. Supporting schedule d. Lead schedule

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What would be the interest rate on a loan of $39,927.10 that you paid off with annual payments of $10,000 for each of the next five years?

A) 8% B) 10% C) 15% D) 21% E) 26%

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