The Third Step in the Data Modeling Process with a Packaged

question 54

Multiple Choice

The third step in the data modeling process with a packaged data model is:

• A) rename identified data elements.
• B) rename relationships.
• C) map data to be used from package to data in current databases.
• D) interview users.

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Definitions:

Sales

The total amount of goods or services sold by a company within a specific period, generating revenue.

Operating Leverage

A financial ratio that measures the degree to which a firm can increase operating income by increasing revenue, highlighting the fixed versus variable costs structure.

Financial Leverage

The use of borrowed funds to increase the potential return on investment, amplifying both potential gains and losses.

Fixed Cash Outflows

Regular, set payments made by a business, such as rent, salary payments, and loan repayments.