Match the Following Terms with Their Descriptions

question 76

Multiple Choice

Match the following terms with their descriptions:
i. Date function
II. Round function
III. DatePart function
IV. IIf function
v. IsNull function

• A) Checks to see if a field has no value entered into it
• B) Calculates the current date
• C) Returns a number to a certain number of decimal places
• D) Evaluates a comparison as true or false and takes appropriate action
• E) Examines a date and return a portion of it

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Definitions:

Equivalent Unit

A concept used in cost accounting to denote a partial completion of a product, quantitatively expressed in terms of the full units of output.

Work In Process

Refers to the materials, labor, and overhead costs that are in the process of being converted into finished products in manufacturing.

Equivalent Unit

A concept used in cost accounting to represent a partially finished unit of product, allowing the calculation of the cost per unit during various stages of production.

Equivalent Units

A measure used in cost accounting to express the amount of materials, labor, or overhead a partially completed unit represents in terms of fully completed units.