Case Based Critical Thinking Questions

question 52

Multiple Choice

Case Based Critical Thinking Questions
Carlos has created several tables for his Organic Produce farm database including Customers, Vendors, and Products. Now he wants to create forms that will make it easier to enter data in the database. Determine the best methods for Carlos to use when creating forms for his specific needs.
-After reviewing the simple form, Carlos decides that he needs a form which is customized to make data entry more accurate and less cumbersome.  Because most of his products are already in the database, he would like to use a list to choose the product during data entry.  However, there are times that a product might not be available in the database, and it needs to be added. What is the best type of control for Carlos to use in his custom form to meet this requirement?

• A)Combo box
• B)List box
• C)Text box
• D)Calculated box

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Definitions:

Variance Of Return

A statistical measure of the dispersion of returns for a given security or market index, quantifying the volatility or risk associated with investing in it.

Put Option

A put option is a financial contract that gives the holder the right to sell an asset at a specified price within a specific time period.

American Put Option

A type of put option that can be exercised at any time before its expiration date, allowing the holder to sell the underlying asset at the strike price.

Underlying Asset

The financial asset upon which a derivative's value is based, such as stocks, bonds, commodities or currencies.