With Regards to the Database Design Process,accountants May Provide the Greatest

question 14

Multiple Choice

With regards to the database design process,accountants may provide the greatest value to their organization by participating in

• A)implementation and conversion.
• B)data modeling.
• C)database operation and maintenance.
• D)system auditing.

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Definitions:

Balance Sheet

A business's financial report that lists its holdings, obligations, and the value belonging to its shareholders at a specific time.

Subclassifications

Refers to the further division of items within a classification into more detailed categories to provide in-depth insights.

Contributed Capital

Equity that has been provided to a company by its shareholders through the purchase of stock.

Retained Earnings

The portion of a company's profits that is retained and not distributed to shareholders, often reinvested in the business or used to pay off debt.