The Process of Converting Poorly Structured Tables into Two or More

question 11

Multiple Choice

The process of converting poorly structured tables into two or more well-structured tables is referred to as ________.

• A)replication
• B)normalisation
• C)actualisation
• D)integration

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Definitions:

Overstates

The act of presenting values or figures in financial statements higher than they actually are, leading to a distorted view of a company's financial health.

Balance Sheet

A financial statement that displays a company's assets, liabilities, and equity at a specific point in time, providing a snapshot of its financial position.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in net profit or loss.

Affect Inventories

Influences on the quantity, value, or type of products a business holds for sale, resulting from factors like demand fluctuations and supply chain issues.