A Limit Test Is a

question 31

Multiple Choice

A limit test is a

• A) Test to ensure that a numerical value does not exceed some predetermined value.
• B) Check to ensure that the value in a field falls within an allowable range of values.
• C) Check to ensure that the data in a field have the proper arithmetic sign.
• D) Check on a field to ensure that it contains either all numeric or alphabetic characters.

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Definitions:

Creditors

Individuals or entities that have lent goods, money, or services to a company or person, expecting to be repaid at a future date.

Fiscal Year

A one-year period used by governments and businesses for accounting purposes, which may not coincide with the calendar year.

Property Tax

A levy on property that the owner is required to pay, usually levied by local governments based on the property's assessed value.

Prepaid Property Tax

An expense that has been paid in advance for property taxes, classified as a current asset on the balance sheet until the period the tax covers has passed.