Assume That an Accounts Receivable Application Contains Database Tables for Customer

question 65

Multiple Choice

Assume that an accounts receivable application contains database tables for customer orders, inventory items, customers, and salespersons.All of these would be likely data fields in a customer order table except:

• A)Customer name
• B)Customer number
• C)Date of order
• D)Order number

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Definitions:

Elastic Portion

The elastic portion of a demand or supply curve represents the range where the quantity demanded or supplied responds significantly to changes in price.

Revenue Curves

Graphical representations showing the relationship between different levels of output or sales and the total revenue earned by a company.

Inelastic

Describing demand or supply that is relatively unresponsive to changes in price, meaning the quantity demanded or supplied changes by a smaller percentage than the change in price.

Output Level

The quantity of goods or services produced by a business or economy during a specific period.