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Case-Based Critical Thinking Questions
Case 12-1
Sheng has been asked to provide data from the Inventory database of a regional auto parts store to the store's regional manager. He has been given specific requirements to narrow the data based on the information the manager needs. Sheng will apply filters to the tables in the Inventory database to provide his manager with the requested information.
-Sheng's regional manager may ask for the same information again at a later date so Sheng would like to save one of his filters for use later. What is the best option for saving the filter?
Replacement Value
The cost to replace an asset or property with a new one of similar kind and quality at current market prices.
Stated Value
The value of an asset as declared by its owner, often for insurance purposes, which may or may not reflect its actual market value.
Homeowner's Insurance
A type of property insurance that covers damages and losses to an individual's house and assets in the home, providing liability coverage against accidents in the home or on the property.
Burglarized
The act of illegally entering a building with intent to commit theft.
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