________ Is the Process of Converting a Poorly Structured Table

question 130

Multiple Choice

________ is the process of converting a poorly structured table into two or more well-structured tables.

• A)Optimization
• B)Normalization
• C)Refactoring
• D)Tabulation

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Definitions:

Discounting Note

A financial practice where a note or bill is sold to a third party before its maturity date for less than its face value, allowing the seller to access funds earlier.

Discounted Note

A promissory note sold for less than its face value, which will be worth its full value upon maturity; used as a form of short-term financing.

Interest Expense

This is the cost incurred by an entity for borrowed funds, reflected as an expense on the income statement.

Adjusting Entry

A record entered at the conclusion of an accounting cycle to assign revenues and expenses to the appropriate period.