Diagnostic Analytics Is Performed to Investigate the Underlying Reasons for Past

question 19

True/False

Diagnostic analytics is performed to investigate the underlying reasons for past results that cannot be answered by simply looking at the descriptive data.

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Definitions:

Present Value

The value in present terms of a sum of money or cash flows due in the future, determined with a set rate of return.

Future Cash Receipts

Expected inflow of cash to a business as a result of its operational activities, investments, or financing.

Installment Note Payment

Payments made regularly on a loan that includes both interest and a portion of the principal.

Interest Portion

The part of a payment or financial obligation that represents the cost of borrowing or the charge for the service of using someone else's money.