Data Conversion Involves Making Sure That All Files and Databases

question 4

True/False

Data conversion involves making sure that all files and databases are ready to be used with the new computer software and systems.

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Definitions:

Materially Increase

Refers to a significant rise in the size, amount, or extent of something, often in a contractual or financial context.

Setoff

is a legal mechanism allowing a debtor to reduce the amount they owe to a creditor by any sum the creditor owes to them.

Obligor

An individual or entity that is legally or contractually bound to provide something to another party, the obligee.

Assignor

The party who transfers rights or interests in a contract to another party, known as the assignee.