Which of the Following Does NOT Save Changes Made to a Record

question 399

Multiple Choice

Which of the following does NOT save changes made to a record?

• A) When you click the Save button
• B) When you close the datasheet
• C) When you move to another record
• D) As you move from field to field in the same record

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Definitions:

Ending Inventory Value

The total value of all unsold inventory remaining at the end of an accounting period.

Average Cost Method

Uses the weighted average unit cost of the goods available for sale for both cost of goods sold and ending inventory.

Cost of Goods Sold

Direct expenditures involved in producing the merchandise a business sells.

FIFO Cost Flow

An inventory valuation method where the first items purchased are the first ones to be sold, assuming costs rise over time.