The Key Distinction Between Data and Information Is That Data

question 183

Multiple Choice

The key distinction between data and information is that data

• A) are facts and figures that have been stored in databases so that they can be accessed and manipulated by a computer while information has not been.
• B) is less reliable than information because its accuracy has not been verified.
• C) is mathematical in nature while information is verbal in nature.
• D) are raw, unanalyzed facts and figures while information is data that has been processed and summarized so that is can be used by decision makers.

---

Definitions:

Sales

The total revenue generated from goods or services sold by a company during a particular period.

Combined Residual Income

The total leftover income from various projects or divisions after accounting for required rate of return or capital costs.

Required Rate Of Return

The minimum expected yield by investors to justify the risk of an investment.

Investment Opportunity

An investment opportunity refers to potentially lucrative financial ventures or assets that individuals or entities can invest in, aiming for future monetary returns.