What Is Information Inconsistency

question 29

Multiple Choice

What is information inconsistency?

• A)occurs when the same data element has different values
• B)occurs when a system produces incorrect, inconsistent, or duplicate data
• C)refers to the overall management of the availability, usability, integrity, and security of company data
• D)the practice of gathering data and ensuring that it is uniform, accurate, consistent, and complete, including such entities as customers, suppliers, products, sales, employees, and other critical entities that are commonly integrated across organizational systems

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Definitions:

Compounded

The process by which an investment grows over time as earnings are reinvested to generate additional earnings, known as compound interest.

Interest Payment

The amount paid by a borrower to a lender as compensation for the use of borrowed money, often expressed as a percentage of the principal.

Interest Rate

The lending charge, expressed as a fraction of the original amount, that a borrower is assessed by a lender for asset use.

Annuity Due

A type of annuity payment where payments are made at the beginning of each period, as opposed to the end.