A Primary Key Field Uniquely Identifies Each Record

question 72

True/False

A primary key field uniquely identifies each record.

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Definitions:

Cash Flows

The complete volume of financial transactions entering and exiting a business, with a key effect on its financial fluidity.

Investing Activities

Financial transactions and events related to the acquisition or disposal of long-term assets and investments included in a company’s cash flow statement.

Long-Term Assets

Long-term assets are assets that a company expects to use for more than one year, including property, plant, equipment, and intangible assets.

Notes Receivable

Financial assets representing amounts due to be paid to a company by customers or other entities in the form of promissory notes.