A Model Used for Planning the Organization's Database That Identifies

question 78

Multiple Choice

A model used for planning the organization's database that identifies what kind of information is needed, what entities will be created, and how they are related to one another is called a(n) ________.

• A)archiving model
• B)functional model
• C)data model
• D)hierarchical model

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Definitions:

Compounded Annually

A method of calculating interest where the interest rate is applied once per year to the principal, including any interest from previous periods.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.

Compounded Monthly

A method of calculating interest where the interest earned is added to the principal, and the total becomes the basis for calculation in the subsequent month.

Insurance Settlement

The amount paid by an insurance company to a policyholder or claimant as compensation for a covered loss.