What Is the Main Purpose of Using Foreign Keys in a Relational

question 23

Short Answer

What is the main purpose of using foreign keys in a relational database design?
A. It provides useful financial data value in the table.
B. It is required in all tables.
C. It is used to link tables.
D. None of the above is correct.

Learn about the role and structure of the chart of accounts.

Understand basic accounting concepts such as debits, credits, and the normal balance of various types of accounts.

Be able to prepare and understand the purpose of a trial balance.

Identify and correct common types of accounting errors that affect the trial balance.

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Definitions:

Carrying Value

The book value of assets and liabilities on the balance sheet, calculated as the original cost minus any depreciation, amortization, or impairment costs.

Retired

Often refers to the status of an asset that has been taken out of use and is no longer productive.

Interest Rate

The percentage of a loan that a borrower must pay as interest, usually shown as an annual rate based on the outstanding loan amount.

Mortgage

A legal agreement whereby a lender lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.