Which of the Following Is the Most Logical Data Type

question 70

Multiple Choice

Which of the following is the most logical data type to use if a field will contain long comments or explanations?

• A)Hyperlink
• B)Short Text
• C)Memo
• D)Long Text

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Definitions:

Useful Life

Useful Life is the estimated period over which an asset is expected to be economically usable by an entity, with a finite period for depreciation or amortization.

Accumulated Depreciation

A cumulative total of all depreciation expenses charged on an asset over its life up to a specific date.

Accumulated Depreciation

The cumulative amount of depreciation for an asset up to a single point in its life.

Double-declining-balance

An accelerated depreciation method that doubles the rate at which an asset's book value decreases, reflecting its quicker loss of value.