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Case-Based Critical Thinking Questions
Case 12-2
Marissa's monogram business has expanded exponentially since she added an online catalog and ordering to her business. Her database needs to be expanded and changed to meet the needs of the growing business. Her database includes tables for monogram styles, catalog products, orders, billing, customers, and vendors.
-Finally, Marissa wants to secure the database because she does not want all of her new employees to access sensitive customer information such as credit card information. Her assistant suggests she ____ the database which translates the data to a scrambled format and requires a password to access the database.
Business Use
The utilization of goods, services, or assets for the purpose of generating income or benefits in a business context.
Half-Year Convention
The Half-Year Convention is a method for calculating depreciation in which all assets acquired during a year are considered to have been acquired at the midpoint of the year.
Real Property
Land and anything permanently affixed to it, such as buildings, fences, and those things attached to the buildings.
MACRS
The Modified Accelerated Cost Recovery System, a method of depreciation in the U.S. for tax purposes, allowing businesses to recover investments in certain property over time.
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