________ Are the Final Judges as to What Data the Database

question 27

Multiple Choice

________ are the final judges as to what data the database should contain and how the records in that database should be related to one another.

• A)Administrators
• B)Developers
• C)Users
• D)Designers

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Definitions:

Expenses Paid

Refers to the amounts of money disbursed to cover operating costs or charges incurred in the conduct of a business.

Expense Recognition Principle

An accounting principle that expenses should be recognized in the period in which they are incurred, matching them with the revenues they help to generate.

Time Period Assumption

An accounting principle that allows an organization to divide its economic activities into specific time periods such as months, quarters, or years for reporting purposes.

Adjusting Entries

Closing entries in accounting at the end of a period to ensure income and expenses are attributed to the period in which they took place.