You Use the Insert Rows Button on the Query Tools

question 34

Multiple Choice

You use the Insert Rows button on the Query Tools Design tab to _____.

• A) insert a row in the query design grid
• B) insert a row in the selected field list
• C) insert a row in the query datasheet
• D) insert a new query design grid

Identify and explain different components of a bank reconciliation, such as deposits in transit, outstanding checks, and NSF checks.

Apply accounting principles to prepare a bank reconciliation statement.

Analyze the effects of various transactions on the bank and book balances.

Determine the adjusted bank balance and book balance after considering various adjustments.

---

Definitions:

Operating Leverage

The degree to which a company uses fixed operating costs, where a higher degree indicates that a small change in sales will have a larger impact on operating income.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity, which is a significant factor in determining a company's financial health and risk level.

Cost Structure

The composition of fixed and variable costs that a company incurs in the process of producing goods or services.

Operating Leverage

A gauge of the relationship between sales growth and the growth of operational earnings, showing the mix of fixed and variable costs within a business.