The Process of Streamlining Data to Minimize Redundancy and Awkward

question 64

Multiple Choice

The process of streamlining data to minimize redundancy and awkward many-to-many relationships is called:

• A)normalization.
• B)data scrubbing.
• C)data cleansing.
• D)data defining.
• E)optimization.

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Definitions:

Net Assets

The total assets of a company minus its total liabilities, indicating the actual value of a company's equity.

Acquisition

An acquisition involves one company purchasing most or all of another company's shares or assets, effectively taking control over the acquired company.

Fair Value Adjustments

Modifications made to the reported value of assets or liabilities to reflect their actual market value.

Business Combination

This occurs when two or more businesses come together to form a single company, often through acquisitions or mergers.