In a Database, a Table Is Also Called a ________

question 99

Multiple Choice

In a database, a table is also called a ________.

• A) record
• B) matrix
• C) file
• D) field

Analyze and prepare adjusting entries for prepayments, accruals, and estimated items such as depreciation.

Recognize the process and importance of posting from journals to ledgers and preparing trial balances.

Understand the classification of accounts (permanent vs. temporary) and the impact on financial statements.

Calculate financial results and changes in financial position using the accounting equation and financial data.

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Definitions:

Subsidies

Subsidies are financial grants or support extended by governments to firms, individuals, or institutions to encourage the production or consumption of certain goods or services, or to support industries.

Domestic Firms

Refers to companies that operate within the country where they are based and conduct their business activities in the local market.

Subsidies

Financial contributions by a government or public body to support businesses, consumers, or economic sectors, reducing the price of goods and services or the cost of production.

Economic Integration

Occurs when two or more nations join to form a free-trade zone.