Use the ____ Data Type for Fields That Contain Variable

question 21

Multiple Choice

Use the ____ data type for fields that contain variable length data, such as comments, notes, and reviews.

• A)Text
• B)Memo
• C)Number
• D)Date & Time

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Definitions:

Federal Income Tax Withholding

Federal income tax withholding is the process by which an employer deducts a portion of an employee's income to pay directly to the federal government as a prepaid credit towards the employee’s annual tax liability.

Contingent Liabilities

Potential obligations that may arise from past events, depending on the outcome of future events.

IFRS

International Financial Reporting Standards, a set of global accounting guidelines that govern how companies prepare and disclose their financial statements.

GAAP

Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting used in any given jurisdiction.