After Specifying the File Name and the Location in Which

question 2

Multiple Choice

After specifying the file name and the location in which to store the database, click the ____ button to create the new database and open it in Access.

• A) New
• B) Create
• C) Table
• D) Datasheet

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Definitions:

Income

Cash inflow, regularly obtained, as compensation for work or earnings from invested capital.

Average Tax Rate

The average tax rate is the proportion of total taxable income paid in taxes, calculated by dividing the total tax paid by the total income.

Marginal Tax Rate

The rate at which the last dollar of income is taxed.

Lump-Sum Tax Rate

A tax that is a fixed amount, no matter the change in circumstance of the taxed entity. This creates a situation where the tax burden falls more heavily on those with lower income or profit.