Microsoft Access Can Be Used to Create and Process Queries

question 28

True/False

Microsoft Access can be used to create and process queries: However,it does not provide a graphical interface for the queries.

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Definitions:

Journalize

The process of documenting business activities in a journal within the scope of accounting practices.

Adjusting Entry

A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the appropriate years.

Transactions

Events that are recognized in the financial records, affecting the financial position and performance of a company.

Accrual Basis

An accounting method where transactions are recorded when they are earned or incurred, regardless of when cash is exchanged.