The ON UPDATE ________ Option Allows Changes to a Parent

question 21

Short Answer

The ON UPDATE ________ option allows changes to a parent table to pass onto a child table or tables.

Grasp the concept of amortization period in investment decisions.

Understand the process of net present value analysis and its implications for capital investment.

Recognize qualitative factors influencing capital investment decisions.

Understand the concept of capital rationing and how it applies to investment decisions.

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Definitions:

Consumer Surplus

The imbalance between the funds consumers are willing to dedicate to a good or service and the funds they actually dedicate.

Consumer Surplus

The discrepancy in the total spend consumers are willing to shoulder for a product or service as opposed to what they actually disburse.

Market Price

The present value at which a service or asset is available for purchase or sale in a market.

Consumer Surplus

The gap in the total financial commitment consumers are ready to make for a product or service versus their actual commitment.