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DATABASE PROCESSING FUNDAMENTALS DESIGN AND IMPLEMENTATION FINAL PAPER TESTED QUESTIONS WITH VERIFIED ANSWERS COMPLETE STUDY SHEET

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DATABASE PROCESSING FUNDAMENTALS DESIGN AND IMPLEMENTATION FINAL PAPER TESTED QUESTIONS WITH VERIFIED ANSWERS COMPLETE STUDY SHEET

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DATABASE PROCESSING FUNDAMENTALS
DESIGN AND IMPLEMENTATION FINAL
PAPER TESTED QUESTIONS WITH VERIFIED
ANSWERS COMPLETE STUDY SHEET

●● Information that doesn't omit important aspects is ____?
Answer: Complete.


●● Information available when needed is ____?
Answer: Timely.


●● Information that improves decisions is ____?
Answer: Relevant.


●● Information that two independent people can reproduce is ____?
Answer: Verifiable.


●● What is the formula for the value of information?
Answer: Benefits − Costs.


●● What is the revenue cycle?

, Answer: Give goods/services → Get cash.


●● What is the expenditure cycle?
Answer: Get goods/services → Give cash.


●● What is the production cycle?
Answer: Give labor + raw materials → Get finished goods.


●● What is the payroll cycle?
Answer: Give cash → Get labor.


●● What is the financing cycle?
Answer: Give cash → Get cash.


●● What are the four processing activities (CRUD)?
Answer: Create, Read, Update, Delete.


●● Which is NOT a processing activity?
Answer: Using.


●● What begins the data processing cycle?
Answer: A business activity.

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