A DBMS Reduces Data Redundancy and Inconsistency by

question 79

Multiple Choice

A DBMS reduces data redundancy and inconsistency by

• A) enforcing referential integrity.
• B) uncoupling program and data.
• C) utilizing a data dictionary.
• D) minimizing isolated files with repeated data.

Understand the relationship between fixed expenses, margin of safety, and profit.

Comprehend the concept and calculation of the break-even point.

Differentiate between absorption costing and contribution margin income statement methodologies.

Know the impact of cost structure on net income volatility.

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Definitions:

Total Burden

The complete impact, often in terms of costs or taxes, borne by society or specific groups within it.

Consumer Surplus

The disparity between what consumers are prepared and able to spend for a product or service and the actual amount they end up paying.

Property Tax

A tax assessed on real estate by the local government, based on the property's value.

Elastic

Refers to the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.