_____ Is the Advantage Gained from the Time It Takes

question 72

Short Answer

_____ is the advantage gained from the time it takes a check to clear and the amount be withdrawn from the check writer's account.

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Definitions:

Big Data

Immense collections of data that can be examined through computational methods to discover patterns, trends, and links, mainly focusing on human behavior and interactions.

Analytics

The systematic computational analysis of data or statistics, used for the discovery, interpretation, and communication of meaningful patterns in data.

Decision Making

The process of selecting a course of action from several alternatives to achieve a desired outcome.

Evidence-Based Management

An approach to making managerial decisions and organizational practices grounded in the best available scientific evidence.