In the Context of Data Models, an Entity Is a Person

question 53

True/False

In the context of data models, an entity is a person, place, thing, or event about which data will be collected and stored.

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Definitions:

Cost

The total amount of money spent on the production, acquisition, or maintenance of goods and services.

Direct Labor Cost

The total expense that a company incurs for employees who directly work on manufacturing products or performing services, including wages, benefits, and payroll taxes.

Automotive Repair Shop

A business establishment dedicated to repairing and maintaining vehicles, including cars and trucks.

Wages of Mechanics

Compensation paid to mechanics for their labor, typically based on an hourly rate or salary.