Mary Lou Jacobs Has Asked You to Test the Quality

question 63

Essay

Mary Lou Jacobs has asked you to test the quality of links from an Access table to an Excel spreadsheet and a Word document. In the figure below, the Tours table is linked to a table in Excel, which in turn is linked to a source Access table. The Guides table is directly linked to a source Access table. After changing the Price field in record 1 (2010 Celebration) of the source Access Tours table to 5000, how do you verify that the tour Revenue changes to $75,000 in Excel and Word?

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Definitions:

Interest Rate

The cost of borrowing money or the reward for saving, usually expressed as a percentage of the principal amount per period.

Economic Profit

The return flowing to those who provide the economy with the economic resource of entrepreneurial ability; the total revenue of a firm less its economic costs (which include both explicit costs and implicit costs); also called “pure profit” and “above-normal profit.”

X-Inefficiency

The difference between actual output and the maximum possible output that could be achieved with the same input of resources, due to inefficiencies within a firm.

Dynamic Change

The process of constant, sometimes unpredictable change within systems or environments, affecting economic, social, or technological aspects over time.