Large Quantities of Data Collected by Companies or Institutions Through

question 46

Multiple Choice

Large quantities of data collected by companies or institutions through digital means is called ________________.

• A) Digital life
• B) Big data
• C) Secondary data
• D) Digital traces

---

Definitions:

Expected-Rate-Of-Return

The predicted amount of gain or loss an investment is expected to generate, expressed as a percentage.

Interest-Rate Cost-Of-Funds

The expense associated with borrowing funds, measured by the interest rate that banks or other financial institutions charge for the use of their money.

Interest-Rate Cost

The cost incurred by an individual or entity due to the interest rate applied on borrowed funds, influencing how much is paid back in interest over the loan period.

One-Time Added Profit

A temporary increase in earnings that a company experiences from a singular event or transaction, not expected to recur in the normal course of business.