Which of the Following Is True of Information Stored in Departmental

question 18

Multiple Choice

Which of the following is true of information stored in departmental "silos"?

• A) Such information is best described as structured data.
• B) Such information is best described as unstructured data.
• C) Such information is unlikely to be shared with other departments in the firm.
• D) Such information is typically gathered from indirect sources.
• E) Such information is typically gathered by channel partners.

---

Definitions:

Admitted

An insurance term referring to insurers who are licensed and authorized to do business in a particular state or country.

Partnership

A business organization where two or more individuals manage and operate the business in accordance with the terms and objectives set out in the Partnership Deed.

Contributing Assets

Assets given by owners or shareholders as part of their investment in the company.

Capital Balances

The amount of money invested in a company by its owners or shareholders.