An Attribute That May Take on More Than One Value

question 108

Multiple Choice

An attribute that may take on more than one value for each entity instance is referred to as a:

• A)gerund
• B)multivalued attribute
• C)nonexclusive attribute
• D)supertype

---

Definitions:

Fair Value

The exchange value of an asset or the settlement cost of a liability in a well-arranged transaction with participants in the market on the measurement occasion.

Book Value

The net value of a company's assets minus its liabilities, often used as a measure of the company's worth.

Equipment

Tangible property used in the operation of a business that is not intended for sale, including machinery, tools, and vehicles.

Consolidated Balance

A financial statement that combines the assets, liabilities, and equity of a parent company and its subsidiaries into one report.