A ____ Update Changes Data in More Than One Record

question 92

Multiple Choice

A ____ update changes data in more than one record at a time.

• A) mass
• B) global
• C) primary
• D) key

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, recognizing income and losses proportional to the level of ownership.

Outstanding Common Stock

Outstanding common stock refers to the total number of shares of a corporation's stock that are currently owned by all its shareholders, including shares held by institutional investors and restricted shares.

Unrecorded Patents

Patents that an organization owns which have not been recorded in its financial statements.

Dividends

Payments made by a corporation to its shareholder members, usually derived from profits.