SCENARIO 17-7 the Output Below Shows the Results of Cluster Analysis on Analysis

question 15

True/False

SCENARIO 17-7
The output below shows the results of cluster analysis on the different regions of the world (North America,Asia Pacific,Western Europe,Central & Eastern Europe,Latin America,and Middle East & Africa)based on the amounts (in billions of US dollars)and the percentage changes from prior year of business-to-consumer ecommerce sales last year.

-Referring to Scenario 17-7,the "complete" method is used to measure the distance between clusters.

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Definitions:

Accounts Receivable

The money owed to a business by its customers for goods or services that have been delivered but not yet paid for.

Installment Accounts Receivable

Amounts owed by customers for purchases made on credit that are to be paid in regular, periodic installments.

Non-current Asset

An asset that is not expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.

Promissory Note

A written promise to pay a specified amount of money to a certain entity on demand or at a fixed or determinable future time.