A Table

question 33

Multiple Choice

A table

• A) is an area in the worksheet that contains rows and columns of related data formatted to enable data management and analysis.
• B) is a complete set of data for an entity.
• C) represents a Field which is an individual piece of data.
• D) is an individual piece of data, such as a last name.

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Definitions:

Fixed Cost

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Collection Period

The time frame it takes for a business to convert its credit sales into cash, reflecting how efficient a company is at collecting accounts receivable.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time. It is used to evaluate the profitability of an investment or project.