With Regards to the Database Design Process,accountants May Provide the Greatest

question 14

Multiple Choice

With regards to the database design process,accountants may provide the greatest value to their organization by participating in

• A)implementation and conversion.
• B)data modeling.
• C)database operation and maintenance.
• D)system auditing.

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Definitions:

Cheque Delay

A situation where there is a postponement in the processing or clearance of a cheque by a bank.

Average Daily Float

This refers to the average amount of uncollected checks or electronic transfers in the process of clearing.

Cheques

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer.

Collection Delay

The time lag between the date an entity issues an invoice and the date it actually receives payment.