Asked by Laura De Luna on Jun 24, 2024
Verified
When Florence joins her father's construction business, she realizes all the transactions are still done and maintained on paper.What should she do to establish a system where any data can be looked up immediately and transparency can be maintained?
A) Transfer all financial record to spreadsheet.
B) Convert all paper files to word documents.
C) Create a database of company projects, customers and vendors.
D) Continue with the old system.
Database
A structured set of data held in a computer or server, accessible in various ways for efficient retrieval and manipulation.
Spreadsheet
A digital tool that organizes data in rows and columns, allowing for data management, manipulation, and analysis.
Word Documents
Digital documents created using Microsoft Word, a word processing software that allows for text manipulation and formatting.
- Understand the critical role that databases play in the efficient organization and retrieval of data.
Verified Answer
CC
Chelsey clemonsJun 28, 2024
Final Answer :
C
Explanation :
Creating a database of company projects, customers and vendors will allow for easy access to information and transparency in the business. This can also help with tracking progress and managing future projects. Converting to spreadsheets or word documents can be time-consuming and may not provide the same level of organization and accessibility as a database. Continuing with the old system would not be beneficial for the growth and modernization of the business.
Learning Objectives
- Understand the critical role that databases play in the efficient organization and retrieval of data.