Distinguish between a data model and a database design
What will be an ideal response?
The data model is a representation of the content, relationships, and constraints of the data needed to support the users' requirements for the system. The data model is a logical representation of business requirements. The database design is created from the data model to include tables, relationships, constraints, data types, column properties, and descriptions of primary and foreign keys. The database design is a component design of how database technology can accomplish the support of the system requirements depicted in the data model.
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When no-par stock is not assigned a stated value, the total amount received is recorded in the Common Stock account.
Answer the following statement true (T) or false (F)
Incorporators cannot become shareholders of the corporation they are associated with
Indicate whether the statement is true or false
____ is often overused in organizations
A) Text messaging B) Email C) Face-to-face conversation D) Cell phones E) Instant messaging
Ken loaned Barbara $8,000 and took back a note secured by Barbara's car. If Barbara files for bankruptcy when the value of the car is $4,500, what is Ken's status? He has a (n):
a. secured claim for $4,500. b. unsecured claim for $8,000. c. unsecured claim for $4,500. d. secured claim for $8,000.