System Analysis and Design
The outstanding Invoice file should be stared on a Pardon Access Storage Device if

payment recording is done in a batch rode
invoice data entry is on-line.
inquires concerning payable are to be answered on-line
last record points to the first record
None of these

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System Analysis and Design
The advantage of Purchase Option is (are)

No financing is requird. The risk of system obsolescence is shifted to the lessor
All of these
the flexibility of modifying the system at will
Insurances, maintenance, and other expenses are included in the rental charge
None of these

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