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A multimedia database must be a(n)________ database model.
Standard Costs
Predetermined costs for materials, labor, and overhead used as benchmarks in budgeting and performance evaluation.
Anticipated Costs
Estimated costs expected to be incurred in the future for a project, activity, or operation.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity, making it more useful for controlling costs than a static budget.
Worst-Case Scenario
The most adverse or unfavorable outcome that may happen in a given situation.
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