Which of the Following Transactions Is Represented by the Diagram

question 9

Multiple Choice

Which of the following transactions is represented by the diagram below?

• A) Vendors send a bill for each inventory item purchased which is payable on receipt.
• B) A single purchase of inventory is paid for with multiple payments.
• C) Inventory vendors send a monthly bill for merchandise delivered. The seller does not accept or allow installment payments.
• D) Some inventory purchases are paid for with multiple payments and some payments may apply to multiple purchases.

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Definitions:

Editing Record

Editing record involves modifying or updating the information stored in a database or a record-keeping system.

Next Record

A command or function in databases or spreadsheets that moves the focus to the next item in a list or dataset.

Records

Sequentially stored data or information in a database, often consisting of multiple fields to represent attributes of an entity.

Table Datasheet

A view in database applications like Microsoft Access showing data in rows and columns, similar to a spreadsheet.