Which of the Following Statements About Managing Data Is True

question 27

Multiple Choice

Which of the following statements about managing data is true?

• A) Reconciling inconsistent data can require a significant amount of time and money.
• B) Potential costs incurred by organizations for data loss are minimal.
• C) Today's tools eliminate the need for data management positions.
• D) There are no consequences associated with noncompliance of a law due to poor data management.

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Definitions:

Vesting Period

The time period an employee must wait before gaining access to the employer's contributions in a pension plan or stock options.

Incremental Fair Value

The additional amount that a company expects to earn from acquiring a new asset over its current market value.

Vesting Period

The period of time an employee must wait until they have the full right to exercise their stock options or benefits.

Exercise Price

The price at which the holder of an option can buy (for a call option) or sell (for a put option) the underlying security or commodity.