A(n)____ Field Is a Field That Can Be Computed from Other

question 62

Multiple Choice

A(n) ____ field is a field that can be computed from other fields.

• A) aggregate
• B) combined
• C) total
• D) calculated

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Definitions:

Prepaid Expenses

Costs incurred before receiving goods or services that are expected to be provided later.

Accounts Receivable

Funds that are due to a company from its customers for goods or services that have been delivered or sold but not yet paid for.

Inventories

are the raw materials, work-in-progress products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Operating Expense

Operating expense refers to the costs associated with the day-to-day operations of a business, excluding direct production costs.