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Case-Based Critical Thinking Questions Case 2-2
Interns Leah and Santana are organizing a summer camp for children ages 5-10 for their local recreation and parks agency. Participant and payment information is stored in an Excel spreadsheet as children are registered for activities. An Access database contains information about children (participants) , parents, employees, as well as activity sessions and schedules. The database contains the following tables:
∙ Participant Information
∙ Parent Information
∙ Employees
∙ Activities
After printing a report of parent information for camper pick-up monitors, Santana decides some of the field names displayed on the report are hard to read. For example, she prefers the field MotherMobilePhone to be displayed as Mother Cell on the report. Which field property should be changed to modify the field name display on the report?
Accounts Payable Turnover
A financial ratio that measures the rate at which a company pays off its suppliers by comparing total purchases to average accounts payable.
Inventory Sold
The total cost of goods or merchandise a business has sold to customers during a specific period, key for calculating cost of goods sold.
Factored Receivables Financing
A financial transaction where a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.
Compensating Balance
A minimum balance that must be maintained in a bank account, often required by banks as a condition for granting a loan or extending credit.
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