Which of the Following Is True of a Data Model

question 44

Multiple Choice

Which of the following is true of a data model?

• A)It is created after the database is designed.
• B)It is a logical representation of the structure of data.
• C)It is an attribute whose value is associated with only one entity instance.
• D)It does not describe the relationships among data.

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Definitions:

Goodwill Recognition

The process of accounting for the excess of purchase price over the fair value of identifiable assets and liabilities of an acquired entity.

US GAAP

United States Generally Accepted Accounting Principles, the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC).

IFRS

International Financial Reporting Standards, a set of accounting guidelines that govern how financial statements are prepared worldwide.

Reporting Units

Entities for which discrete financial information is available and reviewed by the segment manager to make operating decisions.