A Database Is an Organized Collection of Related Information Stored

question 4

True/False

A database is an organized collection of related information stored in a file on a disk.

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Definitions:

Annual Cost Savings

The reduction in expenses that a company achieves within one year through cost-cutting measures or process improvements.

Pretax Return

The income or profit that a company generates before any taxes have been applied.

Discount Factor(s)

A mathematical factor used to calculate the present value of a future amount of money or stream of cash flows.

Intangible Benefits

Advantages or gains from a project or investment that are not directly quantifiable in monetary terms, such as improved customer satisfaction or brand reputation.