A _____ Is Composed of Fields and Records

question 58

Multiple Choice

A _____ is composed of fields and records.

• A) table
• B) query
• C) form
• D) report

---

Definitions:

Costing

The process of determining the cost associated with a product or service.

Absorption Costing

A strategy for calculating the cost of a product by encompassing all associated manufacturing costs, covering direct materials, direct labor, and overheads, both variable and fixed.

Variable Costing

A costing method in accounting that only considers variable costs, which change with the level of output, in the determination of the cost of goods sold or manufacturing costs.

Fixed Production Cost

Costs that do not vary with the level of production, such as rent, insurance, and salaries of permanent staff.