Which of the Following Statements Is True of Naming a New

question 13

Multiple Choice

Which of the following statements is true of naming a new database in Microsoft Access?

• A)A user must type the name of the new database in the blank provided under File Name.
• B)A user must select the name of his new database from the drop down list provided next to the File Name.
• C)Microsoft Access opens the new database with the default name, database 1.
• D)Microsoft Access requires a user to name the new database before selecting a Blank desktop database.

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Definitions:

Conversion Cost

The sum of direct labor costs and manufacturing overhead expenses involved in converting raw materials to finished products.

Total Variable Cost

The sum of all variable expenses that change in proportion with production output or business activity levels.

Contribution Margin

The amount by which sales revenue exceeds variable costs, indicating how much revenue contributes to fixed costs and profit.

Contribution Margin

The amount of revenue available after variable costs have been deducted, which contributes towards covering fixed costs and generating profit.