Classifying Data Refers to Grouping or Categorizing Data According to Some

question 155

True/False

Classifying data refers to grouping or categorizing data according to some common attributes.

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Definitions:

Fiduciary Duty

An obligation to act in the best interest of another party. For instance, a fiduciary duty exists between a trustee and the beneficiaries of the trust.

Competing Business

An enterprise engaged in the same industry or market as another business, striving to achieve superiority in sales, product, and presence.

Written Agreement

A formally documented arrangement between parties clearly outlining each party's rights, duties, and responsibilities.

Oil Change Store

An oil change store is a service establishment that specializes in changing the oil and oil filter in vehicles as part of routine maintenance.