What is the approximate cost per record when scanning 250,000 records for $195,000?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $9.99Unlock all

Get ready for your Information Retention and Access Test. Master every concept with flashcards and targeted questions, complete with detailed explanations and hints. Pass your exam effortlessly!

Multiple Choice

What is the approximate cost per record when scanning 250,000 records for $195,000?

Explanation:
Unit cost is found by dividing the total cost by the number of records. Divide 195,000 by 250,000 and you get 0.78. Multiplying back, 0.78 × 250,000 equals 195,000, confirming the amount. So the approximate cost per record is $0.78 (78 cents) per record. This kind of calculation helps you budget for data projects by estimating how much each individual record costs.

Unit cost is found by dividing the total cost by the number of records. Divide 195,000 by 250,000 and you get 0.78. Multiplying back, 0.78 × 250,000 equals 195,000, confirming the amount. So the approximate cost per record is $0.78 (78 cents) per record. This kind of calculation helps you budget for data projects by estimating how much each individual record costs.

More Multiple Choice Questions
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy