Which of the Following Is an Advantage of Using a Query

question 7

Multiple Choice

Which of the following is an advantage of using a query as a record source for a report?

• A)a query contains only simple data fields
• B)a query includes only one table
• C)fields can easily be added to a query as report requirements change,including calculated fields
• D)fields from a query record source do not require additional property changes

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Definitions:

U.S.GAAP

Generally Accepted Accounting Principles in the United States, a collection of financial reporting standards utilized in the U.S. for accounting purposes.

IFRS

The International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB), aimed at making global financial reporting more transparent and comparable.

OCI

Other Comprehensive Income, which includes revenues, expenses, gains, and losses that are not included in net income and directly affect shareholders' equity.

Weighted-Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the average cost of all items available for sale during the period.