Match the Following Terms with Their Description

question 46

Multiple Choice

Match the following terms with their description:
i. Compact and Repair Database
II. Database
III. Datasheet view
IV. Design view
v. Module

• A) A view which displays an object's structure
• B) An advanced object within VBA
• C) A utility that makes a database smaller and fixes errors
• D) A way of displaying data in a row / column grid
• E) A collection of data organized as useful information

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Definitions:

Unearned Franchise Fees

Fees received from franchisees that cannot be recognized as revenue until certain obligations are fulfilled by the franchisor, categorized as a liability on the balance sheet.

Notes Receivable

Financial assets representing amounts owed to a company by customers or other entities, typically resulting from sales or loans, that are evidenced by formal agreements.

Franchise Revenue

Income generated from franchising operations, which may include initial franchise fees, ongoing royalties, and other franchise-related income.

Cost of Goods Sold

Direct expenditures involved in the making of a company's sold products, which includes labor and material costs.