Microsoft Uses the Term Object as a General Name for Various

question 24

True/False

Microsoft uses the term object as a general name for various parts of a Microsoft Access 2013 database.

---

Definitions:

Cash Payments

Transactions that involve the outlay of cash by a business for various purposes, including expenses, acquisitions, or debt repayments.

Cost of Goods Sold

The direct costs attributed to the production of the goods sold by a company, including materials and labor.

Accounts Payable

A liability to a creditor, carried on an open account, usually for purchases of goods and services.

Indirect Method

A way of reporting cash flows from operating activities in the cash flow statement by adjusting net income for changes in non-cash accounts.