A Calculated Field Created in a Query Generates Results When

question 31

Multiple Choice

A calculated field created in a query generates results when ____.

• A)the database is opened
• B)the query's underlying table is opened
• C)when a report is created
• D)when the query is run

---

Definitions:

Income Taxes

Taxes that individuals or entities pay on their income to federal, state, or local tax authorities.

Unrealized Intercompany Profits

Profits that arise from transactions between entities within the same group, which are not yet realized through sales to external parties.

Matching Principle

An accounting principle that expenses should be recorded in the period in which they are incurred to generate revenues, ensuring that financial statements accurately reflect a company's performance.

Unrealized Profits

Profits that have been earned but not yet realized through a transaction, such as an increase in value of an asset not yet sold.