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Primarily it's based on rules about when changes to data are posted in a transaction and read by other users, which are part of the record-locking features of the DBMS. Some DBMS's manage this with undo and redo logs, which support snapshotting the data before the updates were started, so that other users can access the records before the update transaction was started.

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Q: What allows concurrent access by multiple users in a database?
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