Having a Computerized DBMS Guarantees That the Data Will Be

question 24

True/False

Having a computerized DBMS guarantees that the data will be properly used to provide the best solutions required by managers.

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Definitions:

Discount Date

The date on which a bill or note is paid before its maturity, resulting in a deduction from the nominal amount, known as a discount.

Complement Rate

In insurance, it refers to the percentage of coverage that an insurance company does not cover under a coinsurance clause; effectively, it is the portion of the cost that the policyholder must pay after insurance.

Discount Date

The deadline by which a payment must be made to avail of a cash discount for early payment.

Due Date

The specific day by which a payment, project, or assignment is required to be completed or submitted.