What Data Type Should You Assign to a WeeklySalary Field

question 36

Multiple Choice

What data type should you assign to a WeeklySalary field?

• A) Currency
• B) Salary
• C) Number
• D) Date/Time

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Definitions:

Consolidated Financial Statements

Financial statements that combine the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries.

Tax Rate

The rate at which taxes are levied on an individual or a corporation's income.

Consolidated Tax Returns

A single tax return filed by a parent company and its subsidiaries as one taxpayer to IRS, consolidating their tax liabilities.

Income Tax Liability

The total amount of income tax owed to the government within a fiscal year.