Packaged Data Models

question 96

Multiple Choice

Packaged data models:

• A) are ready to use right out of the box.
• B) require customization.
• C) allow partial specialization.
• D) cannot be used for most applications.

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Definitions:

Hold

A directive to keep, reserve, or delay an action or transaction, often used in financial and organizational contexts.

Ordinary Care

The degree of caution and attention to duty that a reasonably prudent person would use in similar circumstances.

Charge Back Rights

Charge back rights allow consumers to dispute a charge and potentially secure a refund for transactions found to be fraudulent or problematic.

Check Conversion

The process by which a paper check is transformed into an electronic payment, speeding up the transaction process and reducing the need for physical handling of the check.