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Which Component of a Data Model Describes Methods and Calculations

question 114

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Which component of a data model describes methods and calculations that can be performed on data, such as updating and querying data?


Definitions:

Service Charge

Fees charged to customers for specific services or as penalties for not meeting certain criteria.

Note Receivable

A financial asset representing a promise to receive a definite amount of money at one or more specified future dates.

Interest Revenue

Income received from interest-bearing financial assets, such as bonds or savings accounts.

Loss on Sale

The negative financial difference between the sale price of an asset and its book value.

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