Data Latency Includes the Tests and Evaluations Used to Determine

question 171

True/False

Data latency includes the tests and evaluations used to determine compliance with data governance polices to ensure correctness of data.

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Definitions:

Maturity Value

The amount due to the owner of a financial instrument at its maturity date, including principal and interest.

Default

Failure of maker to pay the maturity value of a note when due.

Account Receivable

Debts incurred by customers for receiving goods or services from a business, which remain unpaid.

Note Receivable

A written promise for amounts to be received, typically including interest, by one party from another.