When Dropping a Primary Key Column from a Table,which of the Following

question 3

Multiple Choice

When dropping a primary key column from a table,which of the following steps are included in the process? (The order of the steps listed below is not relevant,only the steps themselves. )

• A)Drop the primary key constraint from the table
• B)Drop the primary key column from the table
• C)Drop the foreign keys in other tables based on the primary key column
• D)A and B
• E)A,B and C

Explain the role and importance of transfer pricing in multinational corporations.

Know the mechanisms of international payment and credit systems.

Identify tax havens and understand their impact on business and investments.

Understand the role and recording process of special journals in financial transactions.

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Definitions:

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to ensure their accuracy.

Journalized

The process of recording transactions in the accounting journals as part of the accounting cycle.

Trial Balance

A bookkeeping worksheet listing the balances of all ledgers in two columns, debits, and credits, to ensure entries are recorded correctly.

Journal Amounts

Journal amounts represent the values recorded in a financial journal, depicting transactions in monetary terms for accounting purposes.