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Businesses Must Deal with Both Structured and Unstructured Data from Many

question 48

True/False

Businesses must deal with both structured and unstructured data from many different sources,including big data.


Definitions:

Labor Rate Variance

The difference between the actual hourly wage paid to workers and the standard or expected hourly wage.

Cash Account

An account that records all transactions involving cash, including receipts and payments.

Ending Balance

The amount of money remaining in a financial account at the end of a reporting period, after all transactions have been accounted for.

Cash Account

An account that records cash transactions, including cash receipts and disbursements.

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