ICANManagement InformationInformation Systems in Business2021

Zenith Manufacturing Limited processes 50,000 sales transactions daily. Each transaction record requires 2 KB of storage. The company retains transaction data for 7 years as required by its internal policy aligned with CAMA 2020 record-keeping provisions. What is the total storage requirement in gigabytes (GB) for the full retention period? (Assume 1 GB = 1,000,000 KB and 365 days per year)

A255.5 GBCORRECT
B255,500 GB
C25,550 GB
D2,555 GB
AI
Toaster Teacher
Why the answer is A, and why the others tempt you.
Daily storage = 50,000 × 2 KB = 100,000 KB. Annual storage = 100,000 × 365 = 36,500,000 KB. Seven-year storage = 36,500,000 × 7 = 255,500,000 KB. Converting to GB: 255,500,000 ÷ 1,000,000 = 255.5 GB. Option B incorrectly omits the conversion to GB, while C and D contain arithmetic errors.
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