__________ Looks for Underlying Patterns in the Data by Examining

question 17

Multiple Choice

__________ looks for underlying patterns in the data by examining the data at a more detailed level in order to examine potential correlations.

• A) Fuzzy matching
• B) Drill-down detailed analytics
• C) Summarizing data
• D) Descriptive analytics

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Definitions:

Fiscal Year

A one-year period used for financial reporting and budgeting purposes, not necessarily coinciding with the calendar year.

Accrued Revenue

Income that has been earned but not yet received, recorded in the accounting period it is earned rather than when payment is received.

Assets

Resources owned or controlled by a business, expected to generate future economic benefit.

Deferred Revenue

Income received by a company for goods or services yet to be delivered or performed, recognized as a liability on the balance sheet until earned.