A Relational Database Can Be Defined as

question 26

Multiple Choice

A relational database can be defined as

• A)a computer database from a number of sources that can interrelate and be used all at one time.
• B)a computer database that relates to the existing RMS of the organization.
• C)a computer database that stores information related to a particular series of crimes being investigated.
• D)a relational database that ties together all the different hardware for the organization.

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Definitions:

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, representing the additional return over the investor's opportunity cost.

Implicit Costs

The opportunity costs of using resources owned by the firm for its own production instead of earning revenue from these resources elsewhere.

Explicit Costs

These are the direct, out-of-pocket payments made by businesses for operational expenses like wages, rent, and materials.

Monetary Outlay

The amount of money spent on a particular transaction or investment.