Which Form of BI Uses Real-Time Metrics for Its Data

question 21

Multiple Choice

Which form of BI uses real-time metrics for its data?

• A) Operational BI
• B) Tactical BI
• C) Strategic BI
• D) All of the choices are correct.

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Definitions:

Cost of Goods Sold

The direct costs attributable to the production of goods sold in a company, including materials and labor.

Average Inventory

A measure used to estimate the value of inventory over a certain period by averaging the beginning and ending inventory.

Ending Inventory

The total value of goods available for sale at the end of an accounting period, crucial for calculating cost of goods sold.

Cost of Goods Sold

Direct costs attributable to the production of the goods sold by a company, including materials and labor.