Examlex
Which of the following is not a reason to continue to use Access for database needs?
Long-Term Contracts
Agreements that extend beyond one year, often relating to construction, service, or lease contracts.
Losses
Financial transactions or events that result in a decrease in assets, increase in liabilities, or both, leading to a reduction in equity or net assets.
Sale
A transaction between two parties where the buyer receives goods, services, or assets in exchange for money.
Revenue Recognition
Refers to the criteria or guidelines used by a company to recognize revenue in its financial statements, ensuring revenue is recorded when earned.
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