A Company Is Concerned That the Data It Has Acquired

question 112

Multiple Choice

A company is concerned that the data it has acquired has become so large that its practical use is severely limited) They decide to extract patterns from its present data, increasing its essential value) .This is an example of:

• A)data visualization
• B)business optimization
• C)data mining
• D)volume analysis
• E)predictive mining

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Definitions:

Cost Allocation

The process of identifying, accumulating, and assigning costs to cost objects, such as products, services, or departments.