First Ledger Inc

question 46

Multiple Choice

First Ledger Inc.,an auditing company,replaced its existing accounting software with new accounting software from another supplier.Since the new software has different features and abilities,First Ledger Inc.has had to spend $10,000 on training its employees to use it.In this scenario,$10,000 represents First Ledger Inc.'s

• A) opportunity cost.
• B) switching cost.
• C) octroi charge.
• D) excise duty.

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Definitions:

Field Name

The identifier of a particular piece of data in a database or data set, which describes the nature or type of data it contains.

Import Spreadsheet Wizard

A feature in software applications that guides users through the process of importing data from a spreadsheet into another program.

Access

A database management system from Microsoft that allows users to store, retrieve, manage, and report data.

SQL Keyword

A reserved word in SQL (Structured Query Language) that is used to perform operations such as querying, updating, and managing databases.