Case 3 There Is the Database Designer and the People

question 102

Multiple Choice

Case 3 There is the database designer and the people who enter the data. Sometimes this is the same person, but in Kate's large banking firm, the actual database entries are not made by the people who designed the database. A data entry operator might enter a telephone number as 555-555-7777, (555) 555-7777, or 1-555-555-7777. If multiple data entry operators enter telephone numbers in different reports, it becomes difficult to produce nicely formatted reports or locate a particular telephone number. Kate can set up a ____ to make sure that data entry operators cannot enter a dollar amount of less than $0 in the database.

• A) case rule
• B) field validation rule
• C) field format
• D) lookup routine

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Definitions:

Out Of The Money

Refers to an option that would not result in a profit if exercised immediately because its strike price is less (for a call) or more (for a put) than the market price of the underlying asset.

Underlying Stock Price

refers to the current market price of the stock that is the subject of an option or other derivative contract.

Option

A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price prior to or on a specified date.

Gamma

A measure of the rate of change of an option's delta in relation to the underlying asset's price.