If a School Keeps Two Lists, One for Student Registration

question 103

Multiple Choice

If a school keeps two lists, one for student registration and one for student financial information, both containing name and address information, this is an example of data ________.

• A) integrity
• B) redundancy
• C) completeness
• D) normalization

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Definitions:

Fair-Return

A principle whereby regulated entities are allowed to set prices that cover their costs and provide a reasonable profit.

Price-Discriminating

A pricing strategy where a seller charges different prices for the same product or service to different customers based on various factors.

Elastic

In economics, it describes a situation where the demand or supply for a good changes significantly in response to price changes.

Nondiscriminating

Policies or practices that do not selectively favor or prejudice any particular group or individual.