The Purpose of Using Validation Tests in the Record Definition

question 61

Multiple Choice

The purpose of using validation tests in the record definition of a database is to:

• A)Make sure the database works properly
• B)Avoid data entry errors
• C)Ensure normalized data
• D)Verify that the user is authorized to enter data in the database

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Definitions:

Current Ratio

An indicator of how well a company can handle its immediate debts, assessing its ability to cover obligations maturing in one year or less.

Acid-test Ratio

A financial metric that measures a company's ability to cover its short-term liabilities with its most liquid assets, excluding inventory.

Debt-to-equity Ratio

The debt-to-equity ratio is a financial leverage ratio that compares a company's total liabilities to its shareholder equity, indicating how much the company is financing its operations through debt versus wholly owned funds.

Receivable Turnover

Receivable turnover is a financial ratio that measures how efficiently a company collects its accounts receivable, calculated by dividing net credit sales by average accounts receivable.