Internal Control Benefits of Storing Data in Relational Databases Include

question 36

Multiple Choice

Internal control benefits of storing data in relational databases include all except for which of the following?

• A) Reduced redundancy cuts down on errors.
• B) Physical security of the data is enhanced.
• C) Version control.
• D) Increased redundancy for more accuracy.

---

Definitions:

Premium on Bonds

The amount by which the selling price of a bond exceeds its face value.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a set price, giving issuers flexibility to refinance if interest rates fall.

Contract Rate

A predefined rate agreed upon in a contract, often used in financial agreements, such as loans or leases, specifying the interest rate.

Installment Note

An installment note is a form of debt that requires the borrower to make scheduled payments (including both principal and interest) over a set period until the debt is paid off.