What Is the Main Purpose of a Form

question 34

Multiple Choice

What is the main purpose of a form?

• A) to provide an easy-to-use format for entering and editing records
• B) to prevent changes to the data in tables
• C) to display records without allowing changes to them
• D) to preview the contents of reports

---

Definitions:

Cumulative Translation Adjustment

An entry in the comprehensive income section of a company's balance sheet that represents the aggregate effect of exchange rate changes on the translation of foreign subsidiaries' financial statements.

Current Rate Method

A method of foreign currency translation where all financial statement items are translated at the current exchange rate.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.

Translated

In financial contexts, this usually refers to converting amounts from one currency to another using a specific exchange rate.