If You Were Creating a Database Table to Contain the Names

question 23

Multiple Choice

If you were creating a database table to contain the names of your school's band members, which data type would you select for the Primary Instrument field?

• A) Text
• B) Text using the Lookup Wizard
• C) OLE Object
• D) Memo

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Definitions:

Shareholders' Equity

The residual interest in the assets of a company after deducting liabilities, representing the owners' claims on the company assets.

Total Assets

The sum of all resources owned by a company, valued at the cost, which can include cash, property, and equipment.

Total Liabilities

The sum of all financial obligations a company owes to external parties, including both short-term and long-term liabilities.

Total Liabilities

The aggregate of all debts and obligations owed by a company, reported on the balance sheet.