When You Apply the Currency Format to a Field, Access

question 788

True/False

When you apply the Currency format to a field, Access displays a currency symbol and two values after the decimal point, but it does not change the field's data type.

---

Definitions:

Debit

An entry on the left side of an account, indicating an increase in assets or expenses or a decrease in liabilities, equity, or income.

Salary Expense Account

An account that tracks the total amount paid to employees for services rendered during a specific period.

Credit Entries

Accounting entries that increase liabilities or decrease assets, typically reflecting incoming payments or the granting of credit to a customer.

Transactions

Financial activities or events that affect the financial position of the company.