Match the Following Date Functions to Their Definition

question 19

Short Answer

Match the following Date functions to their definition:
I.Date function
II.Now function
III.DateDiff function
IV.DateAdd function
V.DateSerial function
A.Determine the difference between two dates
B.Returns the current system date
C.Used to manipulate the day,month,and year
D.Add or subtract a specific time interval
E.Retrieves the current system date and time

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Definitions:

Absorption Costing

A method of accounting in which all costs of manufacturing, both direct and indirect, are treated as product costs, regardless of whether they vary with output level.

Net Operating Income

The total income of a company after deducting operating expenses but before interest and taxes.

Variable Costing

An accounting method that only considers variable costs in the calculation of the cost of goods sold, excluding fixed costs.

Common Fixed Expenses

Operating expenses that do not vary with production volume, such as salaries and rent, shared across multiple products or departments.