In an Entity-Relationship (E-R) Diagram, an Entity Is Represented by a Triangle

question 102

True/False

In an entity-relationship (E-R) diagram, an entity is represented by a triangle, and the relationships between entities are represented by dotted lines.

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Definitions:

Consolidated Financial Statement

Financial statements that aggregate the financial position and operational results of a parent company and its subsidiaries.

Gross Profit

The financial result obtained after deducting the cost of goods sold from total sales revenue.

Inventory Transfer

The movement of inventory between locations within the same company, often for purposes of optimization, sale, or production needs.

Consolidated Net Income

The total net income of a parent company and its subsidiaries after eliminating intercompany transactions and minority interests.