_____ Analytics Is the Set of Analytical Techniques That Yield

question 27

Multiple Choice

_____ analytics is the set of analytical techniques that yield a course of action.

• A) Descriptive
• B) Predictive
• C) Prescriptive
• D) Data

Understand how response bias modifies survey feedback.

Evaluate methodologies for data collection and their susceptibility to biases.

Understand the basic concepts and tools of project management.

Identify and describe the steps involved in the project management process.

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Definitions:

Posting

The process of transferring information from the journal to individual accounts in the ledger, which helps in preparing financial statements.

Journal

A book or digital record where all financial transactions of a business are initially recorded before being transferred to specific accounts in the ledger.

Ledger Accounts

Reflects a record of all the financial transactions made by a company, summarized into different categories for reporting purposes.

Accounts Receivable

Amounts owed by customers to an enterprise for goods or services that have been dispatched but not yet reimbursed.