What is meant by the OLAP term "consolidation"?


Consolidation is the aggregation or roll-up of data. For example, sales offices data can be rolled up to districts and districts rolled up to regions.

Business

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Special drawing rights are

A. specially delegated revenues, used for BOP balancing. B. a virtual currency and international reserve asset. C. a virtual currency that competes with Bitcoin. D. accounting journal entries to estimate goodwill.

Business

MegaCorp has five directors. The company has 1,050 shares of voting stock. Jessica would like to purchase enough stock to elect herself to the board of directors. The company allows for cumulative voting. Explain the concept of cumulative voting and also state how many shares of MegaCorp stock Jessica will need to own to assure herself a place on the board of directors

Business

Potlatch Company manufactures sonars for fishing boats

Model 100 sells for $200. Potlatch produces and sells 5,000 units per year. Cost data are as follows: Variable manufacturing $95 per unit Variable selling and administrative $5 per unit Fixed manufacturing $270,000 per year Fixed selling and administrative $130,000 per year An offer has come in for a one-time sale of 300 units at a special price of $130 per unit. The marketing manager says that the sale will not affect the company's regular sales activities, and that it will not require any variable selling and administrative costs. The production manager says that there is plenty of excess capacity and the sale will not impact fixed costs in any way. What is the effect of this deal on operating income? A) Operating income increases by $200. B) Operating income increases by $1,500. C) Operating income decreases by $10,500. D) Operating income increases by $10,500.

Business

In a normal approximation to the Wilcoxon rank sum test, the standardized test statistic is calculated as z = 1.96. For a two-tail test, the p-value of the test is 0.025

Indicate whether the statement is true or false

Business