Which Type of Template Creates a Traditional Access Database

question 19

Multiple Choice

Which type of template creates a traditional Access database?

• A) Application Part
• B) custom web app
• C) custom desktop
• D) desktop database

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Definitions:

Retail Basis

A method of inventory accounting where inventory is valued at retail prices, then converted to a cost basis using a predetermined cost-to-retail ratio.

Lower of Average Cost

A method to value inventory at the lower of its historical average cost or the market cost, ensuring a conservative asset valuation.

Estimated Inventory

An approximate calculation or judgment of the quantity of goods available in stock.

Cost-to-Retail Ratio

A method used in inventory accounting that calculates the cost of goods available for sale as a percentage of the retail price of the goods.