The Data ____________________ Is a Model That Illustrates the Way

question 128

Multiple Choice

The data ____________________ is a model that illustrates the way in which data moves through an organization.

• A) Life cycle
• B) Pathway
• C) Flow chart
• D) Flow plan

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Definitions:

Wealth

The total value of all financial assets and physical possessions owned by an individual, household, or nation, minus any debts.

Level Of Satisfaction

A measure of how goods, services, or conditions meet an individual's needs, desires, or expectations.

Risk Averse

A description of an individual or entity that prefers to avoid risk or chooses lower risk options when faced with uncertainty, often prioritizing security over potential higher returns.

Utility Function

A mathematical representation describing how consumers rank different bundles of goods based on the level of satisfaction they provide.