Which of the following is a fundamental category of business intelligence (BI) analysis?
A. encapsulation
B. data mining
C. data hiding
D. cataloging
E. automation
Answer: B
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Stephen Michaels wants to know how much he must deposit today at 12% interest to provide three equal annual withdrawals of $10,000, beginning one year from now. This is an example of the present value of
A) an ordinary annuity. B) an annuity due. C) a single sum. D) a deferred annuity.
If cash is received from customers in payment for services that have not yet been performed, the business would record the cash receipt as:
A. A credit to accounts payable. B. A credit to an unearned revenue account. C. A debit to an unearned revenue account. D. A credit to a prepaid expense account. E. A debit to a prepaid expense account.
A taxpayer who pays boot in a nontaxable exchange includes the value of the boot in the basis of the qualifying property received.
Answer the following statement true (T) or false (F)
As marketing manager for a newly created software company, Katrina is deciding whether or not to hire a company sales force. To make this decision, Katrina needs to consider whether or not
A. online advertising will work. B. she will be able to find an effective supply chain manager. C. her firm has a "hot" product. D. her firm should attend trade shows. E. having a sales force is worth more than it costs.