Explain Second Normal Form and provide examples
What will be an ideal response?
Second Normal Form removes functional dependencies from entities. A functional dependency is where several attributes form a subgroup or sub theme in the entity. These subgroups should be removed to a separate entity. An example might be Employee table that also contains department information. The Department information would form a sub theme that should be separated into its own entity.
Business
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Explain the difference between Accounts Receivable and Accounts Payable.
What will be an ideal response?
Business
The accounts receivable turnover ratio for a merchandiser is 10 times. Calculate the days' sales in receivables for the merchandiser. (Round your answer to the nearest day.)
A) 33 days B) 37 days C) 28 days D) 40 days
Business