Case AC 11-2 Craig Has Responsibility for Updating the Frozen

question 471

Multiple Choice

Case AC 11-2 Craig has responsibility for updating the frozen food inventory for the Frosty Freeze Snack Shop each night. On Sunday evenings, Craig wants to print five forms displaying weekly summary inventory results that he provides to his five different suppliers and his manager the next morning. He does not want the form to remain open after it is printed. As Shelly is a part-time employee working at the Frosty Freeze Snack Shop to help pay her way through college, Craig asks Shelly if she can write the macro to open and print the report. As Shelly starts writing the macro she decides to include multiple actions starting with the print action. Craig expresses some concern as he recalls from his Advanced Access 2010 class that ____.

• A) if he does not have a printer connected to his computer, the macro will not run
• B) when recording a macro, Access can only support single actions
• C) if you want to print a report, you will probably want to select an action that first opens the report and then select the action to print the report
• D) Shelly should first be making the report open in a Read Only mode

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Definitions:

Consolidation Entry G

An accounting entry used in consolidation to eliminate the effects of intercompany transactions among entities within a consolidated group for external reporting.

Wholly Owned Subsidiary

A company whose entire share capital is held by another company, making it a completely controlled entity of the parent company.

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and adjusted for the investor's share of the investee's profit or loss.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against an asset since it was acquired and put into use.