The First Step in Developing the Conceptual Model Using ER

question 26

Multiple Choice

The first step in developing the conceptual model using ER diagrams is to _____.

• A) normalize the entities
• B) complete the initial ER diagram
• C) identify, analyze, and refine the business rules
• D) define the attributes, primary keys, and foreign keys for each of the entities

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Definitions:

Credit Memo

A document issued by a seller to a buyer, reducing the amount the buyer owes to the seller under previous invoices.

Percent Of Cash Discount

The percentage reduction in price offered for prompt payment of invoices to encourage early settlement of accounts payable.

Normal Credit Balance

The expected or usual balance of a specific account, where liability, equity, and revenue accounts typically have credit balances.

Perpetual Inventory System

An inventory management method where inventory quantities and costs are updated continuously with each sale or purchase.