Which of the Following Statements Is True Regarding an Operational

question 36

Multiple Choice

Which of the following statements is true regarding an operational database?

• A)An operational database is an integrated collection of enterprise-wide data that includes 5 to 10 years of nonvolatile data.
• B)An operational database includes data for the current fiscal year and supports day-to-day operations and record keeping for the transaction processing system.
• C)An operational database includes data from the past 5 to 10 years and supports day-to-day operations and record keeping for the transaction processing system.
• D)None of the statements are true.

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Definitions:

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent or salaries.

Break-Even Point

The level of production or sales at which total revenues equal total expenses, resulting in neither profit nor loss.

Cost-Volume-Profit Chart

A graphical representation that shows the relationship between a company's cost, production volume, and profits.

Variable Costs

Charges that adjust based on the volume of sales or production levels.