When a Query Is Based on Another Query's Field List

question 14

Multiple Choice

When a query is based on another query's field list, the field list is called a(n) ____.

• A) Action
• B) Sub report
• C) Append query
• D) Subquery

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Definitions:

Net Sales

Total revenues from sales transactions minus returns, allowances, and discounts.

Allowance Method

A method of accounting for bad debts that involves estimating and recording uncollectible accounts receivable as an expense.

Write-Off

An accounting action whereby the value of a bad debt or an asset is reduced to zero, acknowledging it as a loss.

Average Collection Period

The average time it takes for a company to receive payments from its customers.