__________ Encapsulate the Knowledge of Human Experts in the Form

question 40

Multiple Choice

__________ encapsulate the knowledge of human experts in the form of if -then rules.

• A)Customer Relationship Management
• B)Expert Systems
• C)Data mining systems
• D)Reporting systems
• E)Business intelligence

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Definitions:

Straight-Line Method

A depreciation method that allocates an equal amount of the asset's cost to each accounting period of its useful life.

Effective-Interest Method

A technique of calculating the amortized cost of a bond and the amount of interest expense over its life, correcting for any differences between the issue price and the redemption value.

Interest Expense

Interest expense is a cost incurred by an entity for borrowed funds, reflected on the income statement.

Effective-Interest Method

A method of calculating the interest expense on a bond that factors in the bond's book value and yield to maturity.