A Foreign Key Is a Primary Key of One Table

question 15

True/False

A foreign key is a primary key of one table that appears as an attribute in another table and acts to provide a logical relationship between the two tables.

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Definitions:

Interest-Bearing Note

A debt instrument or loan that accrues interest over time, which the borrower is required to pay.

Note Payable

A written promise to pay a specific sum of money to a creditor at a future date, often including interest payments.

Discount

A reduction in the price of goods or services, typically offered to stimulate sales or to reward customer loyalty.

Normal Credit Balance

Refers to the expected positive balance in accounts that primarily capture credits, such as liabilities, revenues, and equity accounts.