Select the True Statement from Those Provided Below

question 103

Multiple Choice

Select the true statement from those provided below.

• A)The data warehouse has five to ten years of data while the operational database has current year data.
• B)The data warehouse has current year data while the operational database has five to ten years of data.
• C)The data warehouse archives both current and long-term, five to ten years of data, within its storage.
• D)The data warehouse contains only general ledger type information while the operational database has detail.

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Definitions:

Financial Break-even

The point at which total revenue equals total costs and expenses, resulting in no net loss or gain.

Variable Costs

Expenses that vary directly with the volume of production or the degree of activity within a company.

Fixed Costs

Costs that do not vary with the volume of production or level of activity within a certain range. These are expenses that must be paid regardless of business activity, such as rent or salaries.

Required Return

The minimum expected yield by investors as compensation for the level of risk associated with an investment.