Which of the Following Is NOT True About Databases

question 81

Multiple Choice

Which of the following is NOT true about databases?

• A)Databases are used for two major purposes: for operational processing and for analytical purposes.
• B)The information in databases is summarized and classified to make data available to the decision makers.
• C)In operational or transaction-based databases,each sale or transaction that a business makes is tracked.
• D)Analytical databases are used for extracting data for decision making.

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Definitions:

Safeguarding Cash

Implementing measures and controls to protect cash assets from theft, fraud, or misuse.

Contractual Restrictions

Limitations placed on transactions, operations, or activities that are outlined in a legal contract between parties.

Negotiable Checks

Checks that can be converted to cash or equivalent by the holder, allowing for easier transactions and liquidity.

Internal Control

Systems and procedures designed to ensure the accuracy and reliability of financial reporting, compliance with laws and regulations, and effective and efficient operations.