Case 10-1 as You Prepare to Teach a Class on the Fundamentals

question 62

Multiple Choice

Case 10-1 As you prepare to teach a class on the fundamentals of databases, you want to create a real-world example that will help define some of the key terms for this concept. Your AutoRepairDetails table contains the following line:
Smith, Robert; Honda; Civic; 2008; X4T6Y3; $150.00
Which of the following terms best describes this entry in the table?

• A) record
• B) column
• C) id
• D) field

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Definitions:

Par Value

The nominal or face value assigned to a share of stock or a bond by the issuer.

Noncumulative

A type of preferred stock on which dividend payments are not accumulated if they are not declared.

Nonparticipating

In the context of financial securities, refers to preferred shares or other financial instruments that do not have the right to share in the corporation's earnings beyond a certain amount.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with fixed dividends.