Match Each of the Following Terms with Its Corresponding Definition

question 142

Multiple Choice

Match each of the following terms with its corresponding definition.
-A value a field will assume unless an explicit value is entered for that field.

• A)calculated field
• B)data type
• C)default value
• D)denormalization
• E)field
• F)hashed file organization
• G)index
• H)indexed file organization
• I)pointer
• J)sequential file organization

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Definitions:

Decrease in Accounts Payable

A situation where the total amount owed by a company to its suppliers or creditors decreases during a specific period.

Indirect Method

A way of reporting cash flows from operating activities in the cash flow statement, starting with net income and adjusting for changes in balance sheet accounts.

Variable Interest Entity

A legal entity in which an investor holds a controlling interest not based on majority voting rights.

Corporation

A legal entity that is separate and distinct from its owners, offering limited liability to its shareholders, and having the ability to raise capital by selling shares.