An Encyclopedia That Is Used to Store All Project Information

question 30

Multiple Choice

An encyclopedia that is used to store all project information is called:

• A) a data dictionary.
• B) an upper CASE tool.
• C) a CASE repository.
• D) a lower CASE tool.

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Definitions:

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, representing surplus or loss.

Investment Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's cost.

Interest Rate

The percentage charged by lenders to borrowers for the use of money, typically expressed at an annual rate.

Economic Profit

The difference between total revenues earned by a firm and its total opportunity costs.