To Distinguish Records,there Has to Be One Field That's Unique

question 19

True/False

To distinguish records,there has to be one field that's unique for each instance;this is called the record key.

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Definitions:

Accounts Payable

Liabilities owed by a business to its suppliers or vendors for goods and services purchased on credit.

Net Income

The earnings a company retains following the deduction of all costs and taxes from its revenue.

Rent Expense

The cost incurred by a business to use property or equipment for business purposes.

Income Statement

A financial document that reports a company's financial performance over a specific accounting period, detailing revenue, expenses, and net income.