Which of the following is a business-critical integrity constraint?
A. System will not allow an entry of an order for a nonexistent customer.
B. System will not allow returns of fresh produce after 15 days past delivery.
C. Systems will not allow shipping of a nonexistent product to a customer.
D. System will not allow shipping a product to a customer who does not have a valid address.
Answer: B
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A corporation has 50,000 shares of $25 par stock outstanding that has a current market value of $150 per share. If the corporation issues a 5-for-1 stock split, the market value of the stock after the split will be approximately
a. $25 b. $150 c. $5 d. $30
A retailer operates different store formats to appeal to different groups of customers. This strategy illustrates _____ marketing
a. target b. concentrated c. mass d. differentiated
A project has an initial investment of $100,000 and a project profitability index of 0.15. The discount rate is 12%. The net present value of the project is closest to:
A. $12,000 B. $15,000 C. $115,000 D. $112,000
Michelle and Patrick are in the 28% marginal tax bracket. They bought 100 shares of DJN stock at $45 per share and sold them 4 years later in 2015 at $22 per share?
By how much did their loss reduce their taxes in the year when they sold the stock? A) $0 B) $644 C) $345 D) $1,260