Most ________ Methods Are Heuristics Based on Algorithms

question 31

Multiple Choice

Most ________ methods are heuristics based on algorithms.

• A)factor analysis
• B)discriminant analysis
• C)clustering
• D)analysis of variance

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Definitions:

General Ledger

The primary accounting record of all financial transactions of a company, organized by accounts, used to prepare financial statements.

Owner Withdraws

Transactions where the owner of a sole proprietorship takes out cash or other assets from the business for personal use.

General Journal

A comprehensive record where all financial transactions of a business are originally entered before being transferred to specific accounts in the general ledger.

Cash Payments Journal

A financial journal that records all cash payments or outflows of a business.