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In a Data Dictionary,a(n)_____ Is the Smallest Piece of Data

question 2

Multiple Choice

In a data dictionary,a(n) _____ is the smallest piece of data that has meaning within an information system.

Analyze the impact of sales, assets, and liabilities on financial ratios and firm performance.

Calculate changes in net cash provided by different financing and investment activities.

Evaluate the effect of debt financing on firm’s return on equity (ROE) and other profitability ratios.

Determine the cash position of a firm using cash flow data.

Definitions:

IFRS

International Financial Reporting Standards; a set of accounting standards developed by the International Accounting Standards Board (IASB) that is used globally to prepare public company financial statements.

Contract Revenue

Revenue recognized by a company from contracts for the sale of goods or services, often recognized over the period of the contract based on the completion or delivery of services/goods.

IFRS

International Financial Reporting Standards are a set of accounting standards developed by the International Accounting Standards Board that are becoming the global standard for the preparation of public company financial statements.

Recoverable Costs

Expenditures that a company expects to recover in the future through tax deductions, reimbursements, or as contracts costs.