MATCHING Identify the Letter of the Choice That Best Matches the the Phrase

question 95

Multiple Choice

MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Imported data that maintains a refreshable link to its external source.

• A)template
• B)dummy data
• C)XML
• D)Excel Template
• E)external data
• F)fixed width file
• G)drag and drop
• H)Web query
• I)transposed
• J)replication

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Definitions:

Cost of Goods Sold

An expense recorded on the income statement that reflects the total cost of producing or purchasing the goods that a company has sold during a specific period.

Cost of Goods Sold

Represents the total cost of all goods that were sold over a specific period, including the costs associated with production or purchase.

Gross Profit

The difference between revenue and the cost of goods sold (COGS), indicating the efficiency of a company in using its labor and supplies.

Net Sales

Revenue from sales transactions after deducting returns, allowances for damaged or missing goods, and any discounts offered.