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Why Would You Set an Index on a Field

question 23

Multiple Choice

Why would you set an index on a field?

Recognize the relationship between corporate social responsibility and societal well-being.
Identify workplace conditions that may lead to unethical and illegal conduct.
Realize the benefits of socially responsible operations in the long run.
Acknowledge the role of personal and corporate values in shaping ethical behavior and decision-making.

Definitions:

Accrued Receivables

Amounts owed to a business for goods or services delivered but not yet paid by the end of an accounting period.

Income Summary Account

An account used in closing to collect revenues and expenses, the balance of which shows the net income or loss for the period.

Debit Balance

A debit balance is an accounting entry that occurs on the left side of the ledger and indicates the amount of money owed or an increase in assets or expenses.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenues, indicating the company's profitability.

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