File Handling

Import
The term 'import' refers to the action of bringing in goods or services produced outside of a specific economy into that economy. It also signifies the process within computer applications of incorporating files created by another program.
Overwrite
The process in which new computer data replaces or modifies the data at a disk location that was previously occupied by other data. This occurs when new files with the same name are saved over existing ones.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.