What Kind Data Model Is Most Commonly Used HYPERLINK "Http://www

question 19

Short Answer

What kind data model is most commonly used HYPERLINK "http://www.whatis.com/relation.htm" as a basis for today's enterprise systems?
A. The hierarchical mode
B. The network model
C. The relational model
D. None of the above

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Definitions:

Financial Instruments

Contracts that give rise to a financial asset of one entity and a financial liability or equity instrument of another entity.

FASB

The Financial Accounting Standards Board, an organization responsible for setting and improving financial accounting and reporting standards in the U.S.

IASB

The International Accounting Standards Board, responsible for developing and enforcing the International Financial Reporting Standards (IFRS).

Fair Value Measurement

An accounting approach that provides an estimate of the price at which an asset could be exchanged or a liability settled, based on current market conditions.