Data Mining by Salespeople Means

question 61

Multiple Choice

Data mining by salespeople means:

• A)digging deep into their client lists and determining who are the most valuable customers
• B)assessing the cost of lists of prospects
• C)using statistical methods to learn more from existing data
• D)collecting primary data to be assessed by corporate computer systems
• E)digging for gold in the company's data mines

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Definitions:

Posting Process

The act of transferring entries from a journal to the corresponding accounts in the ledger as part of the accounting cycle.

Journal

A detailed record of all financial transactions, used as the primary source for all accounting entries.

Ledger

A comprehensive collection of a company's financial accounts, transactions, and balances over a period.

Structured Format

A specified and organized way of presenting or arranging information or data, typically following a predefined layout.