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This Model Began with the Notion That Data Quality Could

question 51

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This model began with the notion that data quality could happen in a centralized place,cleansing and enriching data and offering it to different systems,applications,or users,irrespective of where they were in the organization,computers,or on the network.


Definitions:

Useful Life

The estimated period over which an asset is expected to be functional and economically feasible for its intended purpose.

Salvage Value

The projected selling price of an asset when its useful life concludes.

Useful Life

The estimated time period that an asset is expected to be functional and contribute economically to its owner.

Book Value

The value of an asset as recorded in the company's books or financial records, typically reflecting its original cost minus depreciation.

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