In the Relational Database Model, What Is a Person, Place

question 344

Multiple Choice

In the relational database model, what is a person, place, thing, transaction, or event about which information is stored?

• A)entity
• B)relationships
• C)attribute
• D)foreign Key

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Definitions:

Allowance Method

An accounting technique used to estimate and account for potential uncollectible accounts receivable as an expense against current period income.

Bad Debts Expense

An expense recognized when it is judged that some accounts receivable cannot be collected, reflecting the cost of credit sales that will not turn into cash.

Allowance for Doubtful Accounts

A reserve account used to estimate the amount of receivables that may not be collectible.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.