An Appropriate Example of the Type of Data That Could

question 3

Multiple Choice

An appropriate example of the type of data that could be stored in a Short Text data type field is ________.

• A) name and addresses
• B) customer ID
• C) salary
• D) quantity

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Definitions:

Tax Rate

The amount of tax a person or company must pay, expressed as a percentage of income.

Optimal Level

The most efficient, effective, or desirable point or degree for a specific outcome or condition.

Financial Distress Costs

Expenses incurred by a company when it faces financial difficulties, including bankruptcy costs and the cost of lost opportunities.

Tax Liability

The total amount of tax that an individual, corporation, or other entity is legally obligated to pay to an authority as the result of the occurrence of a taxable event.