Case Based Critical Thinking Questions Case 1 You Have Been

question 103

Multiple Choice

Case Based Critical Thinking Questions Case 1 You have been given three different databases, all of which use different database software, and your supervisor is asking you to identify which type of method each database uses to make its queries. Which of the following is an example of a query language?

• A) EULA
• B) SQL
• C) Unix
• D) Linux

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Definitions:

Trial-balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns that are equal, used to ensure the accuracy of financial transactions.

Insurance Expense

The cost allocated to a period for holding insurance policies, regarded as a non-operational expense in financial statements.

Prepaid Insurance

An asset account that reflects the amount of insurance premiums that have been paid in advance and are gradually recognized as an expense over the coverage period of the policy.

Adjusting Entry

A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.