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CASE Critical Thinking Questions

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CASE
Critical Thinking Questions
Case 11-1
Your colleague Jason is trying to clarify the three-tier program structure to you and he thinks that providing some practical examples will make it easier to explain it to you.
-In the same fundraising database,which tier does Jason tell you contains the code that allows you to save donations to permanent storage,or to open a record for a donor listing all of her gifts to the institution?


Definitions:

Cost of Goods Sold

The specific costs incurred from the production of goods a business sells, including labor and materials.

Accounts Receivable

Outstanding payments due to a business from its customers for delivered or utilized services or products.

Certified Management Accountant

A professional certification for accountants and financial professionals in strategic management and financial accounting.

Certified Public Accountant

A certified status awarded to accountants who successfully complete a licensing exam and fulfill additional criteria set by the state.

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