In a Database,a(n)____________________ Is an Object About Which You Want

question 65

Short Answer

In a database,a(n)____________________ is an object about which you want to store data.

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Definitions:

Deferred Taxes

Taxes applicable to income that is earned in one period but not payable until a future period due to differences between accounting and tax reporting.

FASB

The Financial Accounting Standards Board, the organization responsible for establishing and improving financial accounting standards in the United States.

Present Value Approach

A method to determine the current worth of a future sum of money or stream of cash flows given a specified rate of return.

Installment Sales Method

An accounting method that recognizes revenue when payments are actually received rather than at the point of sale.