The Butler Financing Company runs a mortgage brokerage business that matches lenders and borrowers. Table 4-14 lists

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The Butler Financing Company runs a mortgage brokerage business that matches lenders and borrowers. Table 4-14 lists some of the data that Butler maintains on its borrowers and lenders. The data are stored in a spreadsheet that must be manually updated for each new borrower, lender, or mortgage. This updating is error-prone, which has harmed the business. In addition, the spreadsheet has to be sorted in many different ways to retrieve the necessary data.

Data from Table 4-14

TABLE 4-14 Butler Financing Company Spreadsheet BOR- ROWER LAST FIRST CURRENT NUMBER NAME NAME ADDRESS 450

Create a database from Butler’s spreadsheet that does not have any of the data anomalies explained in this chapter. To test the database, prepare a query to show which borrowers (both borrower number and name) took out loans from Excel Mortgage and who the appraiser was for each loan.

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Accounting Information Systems

ISBN: 9781292060521

13th Global Edition

Authors: Marshall B. Romney, Paul John Steinbart

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