Walmart Prefers Transaction Records Sorted by Customer Type, Product, Sales

question 210

Multiple Choice

Walmart prefers transaction records sorted by customer type, product, sales method, type of order, and order size. What is analyzing internal data sorted in this manner called?

• A) sales analysis
• B) financial analysis
• C) accounting analysis
• D) marketing cost analysis

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Definitions:

Exchange Notes

Financial instruments or agreements between parties to swap different forms of financial assets, liabilities, or payments agreed upon conditions and terms.

Receivable

An amount of money owed to a business by its customers or clients for goods or services delivered or used but not yet paid for.

Allowance for Doubtful Accounts

A contra-asset account that reduces accounts receivable to its net realizable value, representing estimated uncollectible amounts.

Liability Account

An accounting record that tracks the money owed by a business to creditors, lenders, and suppliers, part of the company's liabilities.