Critical Thinking Questions Case 1-2

question 13

Multiple Choice

Critical Thinking Questions Case 1-2
Lauren wants to create an Access database of the musical instruments she owns.
Lauren has written a paragraph describing the use for each inventory item. Which data type should she use to define the field that will store this information?

• A) Paragraph
• B) Comment
• C) Long Text
• D) System

---

Definitions:

Declaration Date

The specific date on which a company's board of directors announces its next dividend payment.

Record Date

The record date is a set date when a company determines its shareholders who are eligible to receive dividends or participate in corporate actions.

Payment Date

The date on which a dividend, bond interest, or other payment is actually disbursed to investors.

Dividend Reinvestment Plan

A program that allows investors to automatically reinvest their cash dividends in more shares of the issuing company.