Having a Computerized DBMS Guarantees That the Data Will Be

question 24

True/False

Having a computerized DBMS guarantees that the data will be properly used to provide the best solutions required by managers.

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Definitions:

Variable Costs

Expenses that change in proportion to the activity or volume of operations in a business.

Cost-Plus Pricing

A pricing strategy where a fixed percentage or amount is added to the cost of producing a product or service to determine its selling price.

Full Cost

The total cost of production that includes both direct and indirect costs, such as raw materials, labor, and overhead.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of several different investments.