One of the Benefits of an Integrated Enterprise-Wide Data Model

question 88

Multiple Choice

One of the benefits of an integrated enterprise-wide data model is that

• A)auditors can use it to guide the development of queries to validate the completeness and accuracy of transaction processing.
• B)journals and ledgers will be more accurate than in a traditional AIS data model.
• C)workers can understand information flows better.
• D)All of the above are benefits of an integrated enterprise-wide data model.

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Definitions:

Party Owes

This term suggests the existence of a debt or obligation that one individual or entity holds towards another.

Redevelopment Capital

Funds allocated for investing in the improvement and revitalization of existing areas or structures, typically for economic growth.

Secured Transaction

A financial agreement in which the borrower provides collateral to ensure repayment of a loan, protecting the lender's interest.

UCC

The Uniform Commercial Code encompasses a thorough framework of legal rules that manage commercial transactions throughout the United States.