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_____ Is an Approach to Data Management Whereby Each Distinct

question 4

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_____ is an approach to data management whereby each distinct operational system uses data files dedicated to that system.


Definitions:

Flexible Policy

A strategy or approach that allows for adjustments and modifications in response to changing conditions or information.

Liberal Credit Terms

Credit conditions that are lenient, offering borrowers lower interest rates or extended repayment terms.

Restrictive Policy

A policy intended to limit or regulate certain activities, often used in the context of fiscal or monetary policy to control economic variables.

Wages

Payments made by employers to employees, usually at hourly, daily, or piecework rates, for the labor or services provided.

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