Data Warehouses and Data Marts Are Updated by Users

question 78

True/False

Data warehouses and data marts are updated by users.

---

Definitions:

Lockbox System

A service offered by banks to companies for the collection of payments from customers, where the payments are sent directly to a post office box rather than to the company.

Treasury Bills

Short-term government securities issued at a discount from the face value and maturing in a year or less, representing a secure investment.

Collection Time

The typical period a business waits to receive money owed by its customers.

Weekly Disbursements

The total amount of money a business pays out in a week, covering expenses such as salaries, supplier payments, and other operational costs.