If a Number Has Already Been Incremented Beyond 1 for a First

question 54

True/False

If a number has already been incremented beyond 1 for a first record in a field of the AutoNumber data type, the AutoNumber data type can no longer work as intended.

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for preparing financial statements.

Balance Sheet

A balance sheet is a financial statement that summarizes a company's financial position at a specific point in time, detailing assets, liabilities, and shareholders' equity.

Accounting Records

Documentation and books that keep track of all financial transactions, assets, liabilities, equity, revenues, and expenses of an entity.