Case AC 2-2 Rahim Is the Manager of a Large

question 29

Multiple Choice

Case AC 2-2 Rahim is the manager of a large apartment complex. Information about all of the apartments is stored in a database on the computer in the main office so he can access it easily. To control what types of information can be viewed, changed, or entered by other people in the office, Rahim would create a ____.

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

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Definitions:

Variable Costing

An accounting method that only allocates variable costs to product costs, excluding fixed factory overhead.

Direct Costing

A pricing strategy that only accounts for direct costs in the production of goods, excluding fixed overhead expenses.

Indirect Costing

A method of accounting that allocates indirect costs to products or services, often used in costing overheads.

EBITDA

Term for earnings before interest, taxes, depreciation, and amortization; operating income expressed by adding back depreciation and amortization expense.