Which Guideline for Deciding on the Number of MDS Dimensions

question 51

Multiple Choice

Which guideline for deciding on the number of MDS dimensions warns that it is difficult to interpret configurations or maps derived in more than three dimensions?

• A)a priori knowledge
• B)interpretability of the spatial map
• C)ease of use
• D)elbow criterion

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Definitions:

Adjusting Entries

Journal entries made at the end of an accounting period to update accounts for accuracies in preparation for financial statement generation.

Preparation

The act or process of making something ready for use or consideration.

Professional

An individual with specialized skills and knowledge in a particular field, typically requiring qualifications and adhering to specific ethical standards.

Expense Recognition Principle

An accounting principle that states expenses should be recognized in the same period as the revenues they helped to generate, to accurately reflect financial performance.