What Is a Primary Reason for Setting Up a Default

question 97

Multiple Choice

What is a primary reason for setting up a default value?

• A)Guarantees data accuracy
• B)Reduce data redundancy
• C)Reduce the number of options available
• D)Reduce data entry time

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Definitions:

Bond Creditors

Creditors who have lent money to a company or government by purchasing bonds issued by the entity.

Written Agreement

A formal document detailing the terms and conditions of a contract agreed upon by two or more parties.

Stripped Bond

A bond that has had its coupon payments removed, leaving only the principal payment, which is received at maturity.

Coupons

Periodic interest payments made to bondholders during the life of a bond.