Match the Following Terms with Their Meanings

question 52

Multiple Choice

Match the following terms with their meanings:
i.Data Model
II.record
III.field
IV.relationship
v.primary key

• A)A single piece of information for every record.
• B)An association between tables of data that share a common field.
• C)The field used to uniquely identify a record in a Microsoft Access table.
• D)All of the categories of data pertaining to one person,place,event,thing,or idea.
• E)A method of integrating data from multiple,related tables into an Excel worksheet.

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Definitions:

Job Costing

A cost allocation method that assigns costs to specific jobs or batches, commonly used in industries where products are uniquely customized.

Process Costing

An accounting methodology that traces and accumulates direct costs, and allocates indirect costs, of a manufacturing process.

Accumulates Costs

The process of gathering, recording, and classifying expenses incurred in the production of goods or services, crucial for determining product pricing and profitability.

Time Periods

Defined durations or intervals of time, often used for financial reporting, project phases, or historical analysis.