A Procedure Is

question 4

Multiple Choice

A procedure is:

• A) stored outside the database.
• B) given a reserved SQL name.
• C) called by name.
• D) unable to be modified.

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Definitions:

Bargain Purchase Option

A lease agreement provision allowing the lessee to purchase the leased asset at the end of the lease term at a price significantly lower than the expected fair market value.

Fair Value

An estimate of the market value of an asset or liability based on current prices in active markets for similar assets or liabilities.

Lessee

A Lessee is a person or entity who leases an asset from another, the lessor, under a lease agreement.

Lessor

A lessor is the party that leases or rents a property or asset to another party, known as the lessee.