A Foreign Key Is a Field or Set of Fields

question 65

True/False

A foreign key is a field or set of fields stored in one table that also exists as a primary key in another table.​

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Definitions:

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value due to wear, tear, or obsolescence.

Long-Lived Asset

Assets with a useful life of more than one year, used in the operations of a business, such as property, plant, and equipment.

Accounting Periods

Periods of time covered by financial statements, usually consisting of 12 months.

Prepaid Expenses

Payments made in advance for goods or services, which are recognized as assets on a balance sheet and expensed over time as the benefit is received.