Which of the Following Is TRUE of Entities

question 3

Multiple Choice

Which of the following is TRUE of entities?

• A) Entities have an identifier whose value is associated with every entity in the data model.
• B) Entities can only represent a logical construct or transaction, not a physical object.
• C) The characteristics of entities are described by attributes.
• D) The names of entities are always plural.

Understand the concepts of gross and net investment and their impact on the economy.

Identify the factors that influence the level of investment in an economy.

Understand the role of interest rates, profit expectations, and economic cycles in investment decisions.

Recognize the differences between various types of investments and financial instruments.

---

Definitions:

Job-Order Costing

A cost accounting system that accumulates costs per individual job or project to determine its profitability or cost-effectiveness.

Predetermined Overhead Rate

An estimated rate used to allocate overhead costs to products or services, based on a chosen activity base.

Automated Shaper

A machine tool controlled by computers, designed for shaping materials such as metals or wood.

Unused Capacity

The portion of a company's production capability that is not currently being utilized for production.