In an Accounting System Database, Which Field Belongs in a Table

question 59

Multiple Choice

In an accounting system database, which field belongs in a table containing customer information?

• A)Item Number
• B)Street Address
• C)Invoice Number
• D)Cost

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Definitions:

Estimated Average Annual Income

The projected amount of money one expects to earn on average each year, often used for budgeting and planning purposes.

Average Investment

An approach in accounting that calculates the mean value of various investments held by an entity over a specific period of time.

Capital Investment Analysis

The process of evaluating and comparing potential investments or projects based on their expected returns, costs, and strategic fit with the organization's objectives.

Cash Payback Method

A capital budgeting technique that calculates the length of time required to recoup the original investment through cash flows.