The primary difference between a database and a file system is that databases offer structured data and relationships, while file systems do not.
(1) Databases are slower than file systems for retrieving data: This is generally incorrect. Databases are usually optimized for efficient data retrieval, especially for complex queries. File systems can be faster for very simple operations but are less efficient for complex data handling.
(2) Databases offer structured data and relationships, while file systems do not: This is the primary difference. Databases enforce a structure (schema) and allow relationships between data, enabling more organized storage and efficient querying. File systems treat data as unstructured blobs, without inherent relationships.
(3) File systems can support complex queries, unlike databases: This is incorrect. Databases are designed to support complex queries through languages like SQL, while file systems have limited querying capabilities.
(4) Both databases and file systems handle data in the same way: This is incorrect. They have fundamental differences in how they structure, store, and manage data.
Therefore, the primary difference is (2) Databases offer structured data and relationships, while file systems do not.
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If debentures are issued to a vendor for assets purchased and the vendor's account is credited by Rs 1,10,000, what is the journal entry if the debentures are issued at a premium of 10 %?
Which of the following is correct regarding difference between sacrificing and gaining ratio?
(A) Gaining Ratio is a more suitable parameter to measure new profit sharing ratio than Sacrificing Ratio.
(B) Sacrificing Ratio is calculated at the time of the admission of the partner while Gaining Ratio is calculated at the time of retirement or death of the partner.
(C) New partner's share of goodwill is divided between the old partners in gaining ratio while Goodwill paid to retiring partner is paid by the remaining partners in their Sacrificing ratio.
(D) Sacrificing Ratio = Old Ratio - New Ratio and Gaining Ratio = New Ratio - Old Ratio.
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Arrange the following in the context of Cash Flow Statement:
(A) Calculation of cash flow from Operating Activities
(B) Calculation of cash flow from Financing Activities
(C) Calculation of net increase/decrease in cash and cash equivalent during the year
(D) Calculation of cash flow from Investing Activities
(E) Calculation of net profit before tax and extraordinary item
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