Case-Based Critical Thinking Questions

question 28

Multiple Choice

Case-Based Critical Thinking Questions
Case 11-1
Luca is the database administrator for a city parks and recreation department.  The department routinely uses community college interns to process applications and registration for the department's programs. It is important that the user interface minimize user input errors as much as possible.
-Because the event procedure that Luca is coding will only be used for the Participant Information form, the procedure is a(n) ____ procedure.

• A)private
• B)public
• C)remote
• D)shared

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Definitions:

Straight-Line Depreciation

A strategy for apportioning the cost of a concrete asset into equal yearly sums throughout its serviceable life.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.

Present Value Factor

A factor used in the calculation of the present value of cash flows, based on a specific rate and number of periods.

Net Present Value

A financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time.