Examlex

Solved

Data Redundancy Occurs When the Same Information Is Stored in Multiple

question 44

Multiple Choice

Data redundancy occurs when the same information is stored in multiple locations in an organisation.Which of the following is NOT true?


Definitions:

End-Of-Quarter Payments

Payments that are made at the end of each quarter, typically in a financial or leasing agreement.

Monthly Payments

Regular payments made once a month, commonly in the context of loans, rent, or other agreements.

Present Value

The present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return.

Annuity

A financial instrument providing a steady series of payments to a person, mainly utilized as a source of income for people in retirement.

Related Questions