A Database Is Used Instead of a Spreadsheet When ________

question 77

Multiple Choice

A database is used instead of a spreadsheet when ________.

• A) lists of data involve a single theme
• B) structures of data lists are simple
• C) lists involve data with multiple themes
• D) users do not want to store all data in one place
• E) users have a small amount of data to store

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Definitions:

Face Value

The nominal or dollar value printed on a bond or stock, representing the amount due at maturity for a bond or the value assigned to a stock share at issue.

Effective Interest Rate Method

The effective interest rate method is a technique for calculating the actual interest rate for a loan or financial product over time, considering the effects of compounding.

Interest Expense

The cost incurred by an entity for borrowed funds, often reflected in the payment of interest on loans or debt.

Carrying Value

The value of an asset as shown on a company's balance sheet, accounting for depreciation, amortization, and impairment, also known as the book value.