____________________ Functions Are Used in an Expression to Calculate a Value

question 77

Short Answer

____________________ functions are used in an expression to calculate a value based on a field that is not included in the Record Source property for the form or report.

---

Definitions:

Payroll

The total amount of wages and salaries paid by a business to its employees for a set period of time.

Interest Payable

The amount of interest expense that has been incurred and is owed but has not yet been paid as of the balance sheet date.

Interest Expense

An entity's expense from acquiring funds through loans over a specific time frame.

Notes Payable

Written agreements where a borrower agrees to pay back a sum of money to a lender by a certain date.