To Prevent Data Entry Clerks from Having Access to Data

question 75

True/False

To prevent data entry clerks from having access to data that is not needed in their jobs,such as salaries or social security numbers of employees,a form can be developed that gives them only the access they need to complete their work.

Understand the calculation and implications of fixed, variable, and total costs.

Analyze the financial viability and economic profitability of a business investment.

Understand the theories explaining global inequality and economic development, including modernization, dependency, and world-systems theory.

Identify and explain the critiques of modernization and world systems theory.

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Definitions:

Equilibrium Quantity

The volume of goods or services that are provided and required when the price is at equilibrium.

Effective Price

The final price after considering factors such as discounts, subsidies, or taxes, effectively what is paid or received.

Consumer Surplus

The disjunction between the price consumers are prepared to shell out for a good or service and what they end up shelling out.

Deadweight Loss

An economic efficiency decrement occurs when there's a failure to achieve or inability to achieve an equilibrium for a particular good or service.