A Company Uses Business Analytics to Focus on the Best

question 80

Multiple Choice

A company uses business analytics to focus on the best course of action within specific circumstances.This would fit within which category of business analytics?

• A)Descriptive
• B)Predictive
• C)Metric
• D)Prescriptive
• E)Mining

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Definitions:

IRS Regulations

Rules and guidelines issued by the Internal Revenue Service that govern how taxes should be paid and reported in the U.S.

SEC

Securities and Exchange Commission; a U.S. government oversight agency responsible for regulating the securities markets and protecting investors.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue, reflecting the company's actual profitability over a specific period.

GAAP Financial Statements

Financial statements prepared following Generally Accepted Accounting Principles, which are a set of rules and standards for financial reporting.