The Most Basic Business Database Is Comprised Of

question 59

Multiple Choice

The most basic business database is comprised of:

• A) three tables: for suppliers, parts, and sales.
• B) four tables: for customers, suppliers, parts, and sales.
• C) four tables: for customers, suppliers, sales, and employees.
• D) five tables: for customers, employees, suppliers, parts, and sales.
• E) attributes instead of tables.

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Definitions:

Promissory Note

A financial document in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms.

Accrued Interest

The interest that has accumulated on a debt over a period of time but has not yet been paid.

Promissory Note

A financial instrument containing a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Net Credit Sales

The total value of sales made on credit minus any returns or allowances.