Databases Are Electronic Collections of Related Data That Can Be

question 18

True/False

Databases are electronic collections of related data that can be accessed by various members of an organization.

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Definitions:

Profit Center

A profit center is a branch or division of a company that is directly responsible for generating its own revenue and profit.

Cost Center

A business unit that does not directly add to profit but still incurs costs, such as a human resources department.

Cost Center

A part of an organization that does not directly add to profit but incurs costs, such as the customer service department.

Profit Center

A branch or division of a company that is treated as a separate entity for the purpose of revenue and profit calculation, allowing for better management and financial analysis.