Which of the Following Is Not an Example of a Database

question 52

Multiple Choice

Which of the following is not an example of a database product?

• A)Oracle
• B)MySQL
• C)Ubuntu
• D)Access

Identify and classify different types of business activities (operating, investing, financing).

Understand the fundamental concepts and assumptions underlying accounting (monetary unit assumption, going concern assumption, separate entity assumption).

Interpret changes in financial position and performance over time through financial statements.

Recognize the importance of ethics and regulations in accounting (Sarbanes-Oxley Act, ethical standards).

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Definitions:

Owner's Capital

The amount of money and other assets invested in a business by its owner(s), which represents the owner’s claim against the company's assets.

Expenses

The costs incurred in the process of generating revenue, typically categorized as direct or indirect expenses in accounting.

Income Summary

An account to which all revenues and expenses are transferred at the end of an accounting period to compute the net income or loss for the period.

Withdrawals Account

An account in bookkeeping where amounts drawn out from the business by the owner for personal use are recorded.