Listed Below Are Ten Terms Followed by a List of Phrases

question 169

Multiple Choice

Listed below are ten terms followed by a list of phrases that describe or characterize five of the terms.Match each phrase with the best term placing the letter designating the term in the space provided.
-_____ Additional amount of inventory a company would report if it used FIFO instead of LIFO.

• A)Ending inventory
• B)Freight-in
• C)Cost of goods sold
• D)LIFO conformity rule
• E)LIFO
• F)Freight-out
• G)LIFO reserve
• H)Specific identification
• I)FIFO
• J)Average cost

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Definitions:

Query

In a database, a way of retrieving information that defines a particular subset of data; can be used to extract data from one or more tables.

Range Check

Ensures that the data entered into the field of a database falls within a certain range of values.

Data Redundancy

Duplicated data in a list.

One-to-One Relationship

In database design, a relationship where a record in one table is linked to only one record in another table, ensuring unique correspondence between data elements.