________ Are Browser Based Queries That Are Created When a User

question 68

Multiple Choice

________ are browser based queries that are created when a user clicks on a graphic.

• A) Graphical queries
• B) Application programs
• C) User reports
• D) Databases

---

Definitions:

Present Value

The value today of a future cash amount or series of payments, based on a particular rate of return.

Fair Value

The value received from selling an asset or the expense of transferring a liability in a regulated transaction among market players on the date of evaluation.

Sale of Receivables without Recourse

A financial transaction where a business sells its accounts receivable to a third party without the obligation to repay if the third party fails to collect the receivables.

Required Disclosure

Mandatory information that companies must provide in their financial statements to give a full and fair view of their financial performance and position.