In the REA Framework, a Database Designer Should Create a ____

question 47

Multiple Choice

In the REA framework, a database designer should create a ____ for each entity.

• A)Record
• B)Table
• C)Secondary key
• D)all of these

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Definitions:

Conditional Sale Contract

A type of contract in which the sale of an asset or property is contingent upon certain conditions being met, often used in real estate and high-value purchases.

Ordinary Annuity

A financial product where regular payments are received or paid at the end of each period, such as monthly or annually.

Compounded Monthly

Interest calculation method where interest is added to the principal each month, increasing the amount on which subsequent interest is calculated.

RRSP

A Registered Retirement Savings Plan that allows individuals in Canada to save for retirement on a tax-deferred basis.