A "Default Value" for an Access Data Field Is

question 50

Multiple Choice

A "default value" for an Access data field is:

• A)The value of last resort
• B)A value that Access will assume if the user does not enter one
• C)A value that Access will take from the last record entered into the system
• D)none of these

---

Definitions:

Obsolete Inventory

Items in stock that are out of date or no longer in demand, often leading to reduced value or write-offs.

Accounts Payable Period

The average number of days it takes for a business to pay its invoices from suppliers, reflecting its payment policy efficiency.

Cash Cycle

The time it takes for a company to convert its investments in inventory back into cash.

Cash Cycle

The period between the outlay of cash for raw materials and receiving payment from customers for goods or services, reflecting the efficiency of a company's cash management.