Which of the Following Is Not True About the Date

question 86

Multiple Choice

Which of the following is not true about the Date function?

• A)Access updates it every time the system date changes.
• B)It requires no arguments.
• C)It takes the form Date(Now)
• D)It can be entered directly in a field row of a query.

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Definitions:

Present Value

The current value of a future sum of money or stream of cash flows, given a specified rate of return.

Perpetuity

A type of financial instrument that pays a fixed amount of cash flows indefinitely, without a maturity date.

Compounded Monthly

A method of calculating interest in which the interest earned each month is added to the principal, and future interest is calculated on the new total.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money, or the rate earned on an investment.