Data Management Technology Consists of Which of the Following

question 35

Multiple Choice

Data management technology consists of which of the following?

• A)Physical hardware and media used by an organization for storing data
• B)Detailed,preprogrammed instructions that control and coordinate the computer hardware components in an information system
• C)Two or more computers to share data or resources
• D)Hardware and software used to transfer data
• E)Software governing the organization of data on physical storage media

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Definitions:

Compounded Quarterly

A method where interest earned is calculated and added to the principal amount every quarter, leading to interest on interest.

Future Value

The value of an investment at a specified future date, based on an assumed rate of growth over time.

Rate of Interest

The percentage at which interest is charged on a loan or earned on an investment over a specific period of time.

Mortgage Payment

A regular payment made to a lender that typically includes both interest and principal repayment on a mortgage loan.