The NAV 2015 development exercise scenario
Our business is a small radio station that features a variety of programs, news, music, listener call-in, and other program types. Our station call-letters are WDTU. Our broadcast materials come from several sources and in several formats: vinyl records, CDs, MP3s, and downloaded digital (usually MP3s). While our station has a large library, especially of recorded music, sometimes our program hosts (also called disc jockeys or DJs) want to share material from other sources. For that reason, we need to be able to easily add items to our play lists (the list of what is to be broadcast) and also have an easy-to-access method for our DJs to preview MP3 material.
Like any business, we have accounting and activity tracking requirements. Our income is from selling advertisements. We must pay royalties for music played, fees for purchased materials such as prepared text for news, sports, and weather information, and service charges for our streaming...