_____ Are Fields in a Record That Have Some Identifying

question 94

Multiple Choice

_____ are fields in a record that have some identifying information but typically do not identify the record with complete accuracy.

• A) Primary keys
• B) Secondary keys
• C) Duplicate keys
• D) Attribute keys
• E) Record keys

Recognize the significance and reporting of noncash investing and financing activities.

Calculate specific cash flow amounts, such as cash received from the sale of equipment or dividends received.

Understand how the cash flow statement is affected by changes in inventory, accounts receivable, and accounts payable.

Interpret the cash flow on total assets ratio to evaluate company performance.

---

Definitions:

Direct Materials

Raw materials that directly become a part of a finished product and can be easily traced to the product.

Manufacturing Overhead

All indirect costs associated with the production process, including utilities, rent, and salaries of support staff.

Period Costs

Period costs are expenses that are not directly tied to production activities and are expensed in the period they are incurred; examples include administrative salaries and marketing costs.

Value Chain

The series of activities and processes that a company performs to add value to its product or service, from raw materials to final product delivery.