The Default File Format for Microsoft Access 2013 Database Files

question 32

Multiple Choice

The default file format for Microsoft Access 2013 database files is the:

• A) Access 2007 format.
• B) Access 2003 format.
• C) Access XP format.
• D) SQL Server format.
• E) XBD format.

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Definitions:

Fixed Expenses

Costs that do not change with the level of production or sales activities, such as rent or salaries.

Budgeted Sales

Projected sales volume or revenue for a specific period, used for planning and performance assessment purposes.

Cash Disbursements

Payments made in cash or cash equivalents, often tracked in a ledger to manage cash flow.

Selling and Administrative Expense Budget

A detailed plan outlining the expected selling and administrative expenses for a specific period, usually contributing to the master budget.