In Organizations That Generate Large Number of Transactions, _____ Are

question 31

Multiple Choice

In organizations that generate large number of transactions, _____ are often a top priority in database design.

• A) relationships among entities
• B) logical design standards
• C) naming conventions
• D) high processing speeds

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Definitions:

Standard Costs

The predetermined costs of manufacturing a product or providing a service, used for budgetary and performance evaluation purposes.

Standard Cost

A predetermined cost of manufacturing, serving, or marketing an item, which includes direct labor, direct material, and overhead charges.

Industry Average

A benchmark or norm for a specific industry, calculated as the average of a significant metric (like return on investment) across similar companies.

Standard Costs

Predetermined costs of manufacturing, overhead, material, and labor that are used as benchmarks to measure performance against actual costs.