In Oracle, to Add a Specific Number of Months to a Date

question 6

Multiple Choice

In Oracle, to add a specific number of months to a date, use the _____.

• A) MONTHS function
• B) ADD_DATE function
• C) ADD_MONTHS function
• D) CALC_MONTHS function

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Definitions:

Capital Investment

Funds invested in a firm or enterprise for the purpose of furthering its business objectives, such as purchasing long-term assets.

Estimated Life

The expected period over which an asset is useful to the owning entity and can generate revenue, used for calculating depreciation.

Residual Value

The estimated salvage value of an asset at the end of its useful life, influencing depreciation calculations.

Present Value Tables

Tables used to find the present value of a future amount of money or stream of cash flows given a specified rate of return.