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NEW QUESTION: 1
HOTSPOT




Answer:
Explanation:

Explanation:

Subquery1: common table expression (CTE)
A common table expression (CTE) can be thought of as a temporary result set that is defined within the execution scope of a single SELECT, INSERT, UPDATE, DELETE, or
CREATE VIEW statement. A CTE is similar to a derived table in that it is not stored as an object and lasts only for the duration of the query. Unlike a derived table, a CTE can be self-referencing and can be referenced multiple times in the same query.
Subquery2: global temporary table
Global temporary tables are visible to any user and any connection after they are created, and are deleted when all users that are referencing the table disconnect from the instance of SQL Server.
Subquery3: local temporary table
Local temporary tables are visible only to their creators during the same connection to an instance of SQL Server as when the tables were first created or referenced. Local temporary tables are deleted after the user disconnects from the instance of SQL Server.
References:
https://technet.microsoft.com/en-us/library/ms190766(v=sql.105).aspx
https://technet.microsoft.com/en-us/library/ms186986.aspx

NEW QUESTION: 2
A company has to make a choice between two projects, because the available resources in money and kind are not sufficient to run both at the same time. Each project would take 9 months and would cost $250,000.The first project is a process optimization, which would result in a cost reduction of $120,000 per year. This benefit would be achieved immediately after the end of the project. The second project would be the development of a new product, which could produce the following net profits after the end of the project:
1st year: $ 15,000
2nd year: $ 125,000
3rd year: $ 220,000
Assumed is a discount rate of 5 % per year. Looking at the net present values of these projects' revenues in the first 3 years, what is true?
A. The available information is not sufficient to calculate and compare net present values.
B. The second project is more attractive.
C. The first project is more attractive.
D. Both projects are equally attractive.
Answer: C
Explanation:
As, PV = FV/(1+r)