The Accompanying Figure Displays the Clients and Trainers Database on the Web

question 15

True/False

The accompanying figure displays the Clients and Trainers database on the Web. If you plan to use forms and reports in a Web database, you must create the forms and reports in Layout view.

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Definitions:

Contra-Asset

An account displayed on the balance sheet that reduces the value of a related asset, such as accumulated depreciation.

Liability

Financial obligations, debts, or responsibilities owed by a business to others, to be settled over time through the transfer of economic benefits.

Invoice Approval Form

Used by the accounting department in checking the invoice and finally approving it for recording and payment.

Purchasing Department

A division within a business that is responsible for acquiring goods and services that are necessary for the company's operations.