Match Each Term with the Correct Choice

question 53

Multiple Choice

Match each term with the correct choice.
-An intentional "nothing" entry

• A)Zero-length string
• B)Null
• C)Caption
• D)Normalizing
• E)Northwind

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Definitions:

Net Present Value

A method used in finance to calculate the value of a series of future cash flows in today's dollars.

Percentage-of-Completion

An accounting method used to recognize revenues and expenses of long-term contracts as a percentage of work completed during the period.

Revenue Recognition

The accounting principle defining the specific conditions under which revenue is recognized or recorded.

Tax Havens

Countries with no or low corporate taxes.