You Should Use the _____ Data Type for Fields That

question 12

Multiple Choice

You should use the _____ data type for fields that contain words and symbols of up to 255 characters in length.

• A) Short Text
• B) Long Text
• C) Number
• D) AutoNumber

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Definitions:

Daily Interest Rate

A method of calculating interest where the rate is applied to the principal on a daily basis.

Miller-Orr Model

A financial model used for managing cash balances and optimizing the levels of cash holding based on specified upper and lower limits.

Cash Balance Target

A cash balance target is a strategy companies use to maintain an optimal level of cash reserves for operations and unexpected expenses, aiming to balance liquidity with profitability.