Testing for Duplicate Transactions Is an Example of What Type

question 8

Multiple Choice

Testing for duplicate transactions is an example of what type of diagnostic analytics?

• A) Identifying anomalies and outliers
• B) Finding previously unknown linkages, patterns, or relationships between variables
• C) Performing marginal analysis
• D) Performing descriptive analytics

---

Definitions:

Disadvantages

Negative aspects or conditions that impede success or cause inefficiencies.

Aging the Data

Involves adjusting historical data for factors such as inflation or changes in market rates to make it relevant and applicable to current conditions.

Market Increases

Adjustments in the price levels of goods and services in a market, often influenced by factors such as supply and demand, inflation, and economic policies.

Compensation Surveys

Research conducted to gather and analyze competitive salary data, used by organizations to benchmark their compensation packages.