Most Decision-Support Data Are Based on Historical Data Obtained from ____

question 53

Multiple Choice

Most decision-support data are based on historical data obtained from ____.

• A) operational databases
• B) data warehouses
• C) enterprise databases
• D) workgroup databases

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Definitions:

Operating Activities

Activities directly related to the day-to-day operations of a business, including sales, provision of services, and costs.

Cash Position

An indicator of a company's liquidity, showing the amount of cash or cash equivalents it has on hand at a given time.

Balance Sheet

A financial statement that provides a snapshot of a company's financial condition at a single point in time by detailing assets, liabilities, and equity.

Operating Activities

The day-to-day actions of a business involved in producing and selling its goods or services, which are reflected in the cash flow from operating activities.