Case AC 2-2 Jennifer Is Creating a New Inventory Management

question 11

Multiple Choice

Case AC 2-2 Jennifer is creating a new inventory management table for the pet store where she works. She is spending the time upfront to make sure the data types are all assigned correctly. Jennifer's boss asks her if they can include detailed descriptions of each item in the database. The descriptions would be approximately 5000 characters. For this field she assigns the ____ data type.

• A) Text
• B) Memo
• C) AutoNumber
• D) Description

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Definitions:

New York Stock Exchange

One of the largest stock exchanges in the world located at Wall Street, New York, where securities are bought and sold.

Tokyo Stock Exchange

A major stock market exchange in Japan, serving as a hub for the trading of stocks, bonds, and other securities.

Financial Assets

Stocks and bonds. More generally a document giving its owner a claim to certain future cash flows. Stocks base that claim on ownership (equity), while bonds base it on debt. Also called a security.

Future Cash Flows

Projected financial gains or losses for a specific period in the future.