The Second Step in Creating a Query in Design View

question 66

True/False

The second step in creating a query in Design view is to add the fields.

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Definitions:

Operating Cycle

The average period of time between the purchase of inventory and the collection of cash from receivables, indicating how quickly a company can turn its products into cash.

Sales On Account

Transactions where goods or services are sold to a customer with an agreement that payment will be made at a later date.

Cost Of Goods Sold

The total cost directly associated with the production of the goods sold by a company.

Times Interest Earned

A ratio that measures a company's ability to meet its interest obligations, calculated by dividing earnings before interest and taxes (EBIT) by the interest expense.