When an Organization Has Inconsistent Duplicated Data, It Is Said

question 77

Multiple Choice

When an organization has inconsistent duplicated data, it is said to have a problem of ________.

• A) information silo
• B) data integrity
• C) error of omission
• D) data segregation

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Definitions:

Depreciation Process

The systematic reduction in the recorded cost of a fixed asset over its useful life, reflecting its decrease in value over time.

Matching Principle

An accounting principle that dictates expenses should be recognized in the same period as the revenues they help to generate.

Market Value

The present rate at which a service or asset is available for purchase or sale in the marketplace.

Capitalized Interest

Interest expenditures included in the cost of a self-constructed asset