In a Three-Tier Architecture,the Business Tier Contains the ____ That

question 52

Multiple Choice

In a three-tier architecture,the business tier contains the ____ that must occur to fulfill the requirements of the program.

• A) logic
• B) objects
• C) syntax
• D) calculations

Grasp the significance of safety stocks and their impact on average inventory and economic order quantity (EOQ).

Understand the calculation of average accounts receivable balance in relation to sales and credit terms.

Assess the financial impact of granting credit to new customers and the NPV of such decisions.

Understand how the operating cycle and inventory period affect a firm's accounts receivable and inventory management.

---

Definitions:

Annual Growth Rate

The percentage increase in the value of a particular investment or portfolio over the period of a year.

Discounting

The process of determining the present value of a future amount of money or stream of cash flows given a specific rate of return.

Compounded Annually

Interest on an investment that is calculated once a year on both the initial principal and the accumulated interest from previous periods.

Compounded Monthly

A method of calculating interest where the interest earned each month is added to the principal, so that the balance grows at an increasing rate.