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Mapping Existing Data to New Data in a Packaged Data

question 42

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Mapping existing data to new data in a packaged data model is useful for developing migration plans.


Definitions:

LIFO Cost-Flow

An inventory valuation method where the last items of inventory purchased are the first ones to be used or sold, standing for Last In, First Out.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company.

Beginning Inventory

The value of goods available for sale at the start of an accounting period.

Reportable Segment

A part of a company that can be identified for reporting purposes due to its operations, products, or services.

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