To ____ a Table Is to Reduce It to a Lower

question 2

Multiple Choice

To ____ a table is to reduce it to a lower normal form by placing some repeated information back into the table.

• A) denormalize
• B) normalize
• C) flatten
• D) compose

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Definitions:

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including material, labor, and overhead costs.

Purchase Discounts

A deduction from the stated price of goods or services allowed by the seller to the buyer for prompt payment.

Acquisition Cost

The total cost incurred to acquire an asset, including purchase price and all expenses directly tied to the acquisition.

Net Price Method

An accounting approach that calculates the cost of goods sold or purchased after deducting any discounts, rebates, or allowances from the gross price.