Duplicate Data in Multiple Data Files Is Called Data ________

question 2

Multiple Choice

Duplicate data in multiple data files is called data ________.

• A) redundancy
• B) repetition
• C) independence
• D) partitions

Understand the treatment of dividends and interest revenue in investment accounting.

Comprehend the criteria and rationale for using different accounting methods for investments.

Recognize the journal entry recording of bond and stock investments, including the handling of accrued interest and dividends.

Identify and understand different types of investments (equity vs. debt securities).

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Definitions:

Negotiable Instrument

A document guaranteeing the payment of a specific amount either on demand or at a set time, with the instrument being transferable between parties.

Unauthorized Signature

A signature that is made without the explicit permission of the person purportedly signing or the authority to sign on behalf of an entity.

Shelter Rule

A legal principle that allows a person who acquired rights in good faith to be sheltered or protected by the rights of the prior holder.

Impostor

A person who deceives others by pretending to be someone else.