Case Based Critical Thinking Questions Case 5-2

question 34

Multiple Choice

Case Based Critical Thinking Questions Case 5-2
Carlos has developed a database for his organic farm. The farm sells organic produce and meat. In addition to the retail sales of his products, he offers cooking demonstrations five times each month for a small fee. The demonstrations are limited to 10 people. The database contains the following tables: Products, ProductPrices, ProductCosts, Suppliers, Customers, and CookingDemos. The Products, Product Prices, Product Costs and Suppliers tables are related using the ProductID field. The Customers and CookingDemos tables are related on the CustomerID field. Carlos needs to make some decisions using his database. Determine the best method for Carlos to use to achieve the results he wants.
As Carlos plans for the fall planting season, he would like to bundle all of his shipments from the Organic Opportunities supplier into one shipment. He needs to know which products he has previously ordered from Organic Opportunities.  Which method will quickly produce the results Carlos needs?

• A) create a calculated query using the Products table
• B) create a find unmatched query using the Suppliers table
• C) use a lookup field in the Products table
• D) use the AutoFilter option in the Supplier table for the appropriate field

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Definitions:

Net Income

The amount of earnings left after all expenses, including taxes and operating costs, have been subtracted from total revenue; a measure of company profitability.

Operating Expenses

These are costs associated with the day-to-day operations of a business, excluding direct production costs but including items like rent, utilities, and administrative salaries.

Periodic Inventory System

An accounting method where inventory levels and cost of goods sold are updated at specific intervals, rather than continuously.

Transactions

Financial events or exchanges between parties that have a monetary impact on the financial statements of a business.