By Integrating Information Created in Word, Excel, and Access, the Information

question 145

Multiple Choice

By integrating information created in Word, Excel, and Access, the information ____.

• A) persists indefinitely
• B) is guaranteed to be secure
• C) is guaranteed to be accurate
• D) works together

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Definitions:

Consolidation Purposes

The process of combining financial statements from different subsidiaries or entities within an organization to present as one entity for financial reporting.

Amortization

The process of spreading out a loan into a series of fixed payments over time, decreasing the balance through payments towards the loan's principal and interest.

Depreciation Adjustment

An accounting method that allocates the cost of a tangible asset over its useful life.

Remaining Life

The estimated duration for which an asset is expected to be economically useful or operational.