Which Data Type Would Be Most Logical to Use for a Field

question 8

Multiple Choice

Which data type would be most logical to use for a field named BillPaid to indicate if an invoice has been paid?

• A)Yes/No
• B)Memo
• C)Text
• D)AutoNumber

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Definitions:

Option Contract

An agreement that gives the owner the right, but not the obligation, to buy or sell a specific asset at a specific price for a set period of time.

Put Options

Financial contracts giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a specified time frame.

Exercise Price

The price set for buying or selling an asset under the terms of an options contract.