A Circle with a Vertical Line Represents the ________ Cardinality

question 115

Multiple Choice

A circle with a vertical line represents the ________ cardinality symbol.

• A) mandatory many
• B) mandatory single
• C) optional many
• D) optional single

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Definitions:

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, showing revenues, expenses, and profits or losses.

Prepaid Expense

Prepaid Expense represents payments made for expenses which benefits have not yet been received, recognized as assets until they are incurred.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, giving a snapshot of its financial position.

Wages Expense

The total cost incurred by a company for paying its employees' salaries within a specific period.