Business analytics is a key tool to analyze big data so that firms can customize their strategic focus on customers. What is not a big risk in data analysis?
a. Loss of anonymity
b. Data patterns versus reality
c. Discrimination-based customer segmentation
d. Growth in market share and sales
d. Growth in market share and sales
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The Resource Conservation and Recovery Act's manifest program refers to the ________
A) filtering of water that is manifestly unclean B) installation of smokestack scrubbers to reduce emissions C) regulations for the proper transportation and disposal of hazardous wastes D) Environmental Protection Agency's program of auctioning sulfur dioxide emission allowances
The CCAA (Companies' Creditors Arrangement Act) is used
A) by any corporation that wants to avoid bankruptcy B) by any corporation that owes at least $500,000 and wants to avoid bankruptcy C) by any corporation that owes at least $5 million and wants to avoid bankruptcy D) by any public corporation that wants to avoid bankruptcy E) by any corporation if its creditors are trying to force it into bankruptcy
Potential for little preparation and the opportunity to be “in the moment” are advantages to which data gathering method?
a. interviews b. focus groups c. surveys/questionnaires d. observations
Prepare adjusting entries for the year ended December 31, for each of these separate situations. Assume that prepaid expenses are initially recorded in asset accounts and that fees collected in advance are initially recorded as liabilities.a. The Prepaid Rent account has a debit balance of $8,000 before adjustment, representing a prepayment for four months' rent made on December 1 of the current year.b. One-third of the work related to $18,000 of cash received in advance was performed during this period.c. Unpaid accrued salaries at December 31 amounts to $15,000d. Work was completed for a client on December 31 in the amount of $21,000, but was not previously billed or recorded.e. Estimated depreciation on office equipment is $27,000.
What will be an ideal response?