A Database Can Best Be Described as ______

question 128

Multiple Choice

A database can best be described as ______.

• A) a centralized integrated collection of the organization's data resources
• B) a loose collection of ideas
• C) data that has been converted into information
• D) data gathered at random from a variety of sources

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Definitions:

Compounding Intervals

The frequency with which interest is added to the principal balance of an investment, affecting the total interest earned over time.

Annuity Due

A type of annuity where payments are made at the beginning of each period, as opposed to the end, which is more common in regular annuities.

Present Value

The equivalent current value of a future financial sum or stream of cash flows, factoring in a specified rate of return.

Future Value

The value of a current asset at a specified date in the future based on an assumed rate of growth over time.