A Table Design Is in Second Normal Form (2NF) If

question 110

True/False

A table design is in second normal form (2NF) if it is in 1NF and if all fields that are not part of the primary key are functionally independent of part of the primary key.

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Definitions:

Operating Profit

The profit earned from a firm's normal business operations, excluding deductions of taxes and interest.

Markdown

A reduction in the selling price of goods or services, often used as a sales strategy to encourage consumer purchases or to clear older stock.

Mark-up

The difference between the cost of a product or service and its selling price, expressed as a percentage of the cost.

Spoilage

Products or materials that have become unfit for sale or use, often leading to financial loss for a business.