Access Uses the 1900 Date System to Store Dates

question 88

True/False

Access uses the 1900 date system to store dates.Thus,when you enter a date into a Date/Time field,Access identifies it as a date and compares it to the calendar to make sure it is an actual date.

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Definitions:

Investing Activities

Transactions involving the purchase or sale of long-term assets and investments, reflecting how cash is spent on investments to grow or maintain the business.

Financing Activities

Transactions and events where a business obtains funds or pays back funds to owners and creditors, typically reflected in the cash flow statement.

Direct Approach

A method used in financial accounting that records all transactions directly affecting the income statement, emphasizing cash receipts and payments.