The ____ Property Allows the Database Designer to Explain the Purpose

question 52

Multiple Choice

The ____ property allows the database designer to explain the purpose of a field or how a field is used.

• A)Data type
• B)Field size
• C)Required
• D)Description

Distinguish between data types and their roles within a spreadsheet model.

Understand the fundamental components of the FASB conceptual framework.

Identify and describe the common forms of business ownership and their characteristics.

Recognize the role and influence of regulatory bodies like the SEC and IASB on accounting practices.

---

Definitions:

Economic Loss

Financial loss experienced by an individual or entity, which can include lost profits, costs of repair, or decrease in value of assets.

Legal Duty

An obligation enforced by law that requires an individual or entity to adhere to a standard of reasonable care.

Employer Control

The degree of authority and oversight an employer has over its employees, including aspects of job performance, work environment, and terms of employment.

Independent Contract

A contractual arrangement where an individual or entity agrees to provide services or goods to another party without being employed by them, often for a specific project.