Summarizing Data to Understand What Has Happened Is What Type

question 40

Multiple Choice

Summarizing data to understand what has happened is what type of analytics?

• A) Descriptive analytics
• B) Diagnostic analytics
• C) Predictive analytics
• D) Prescriptive analytics

---

Definitions:

Exercise Date

The specific date on which an option contract can be executed or acted upon by the holder.

Fixed Compensatory

Relates to a form of compensation or damages that are predetermined and not subject to change.

Memorandum Entry

This refers to a journal entry made in the financial records to note a significant event or transaction that doesn’t involve a direct exchange of cash or value and hence does not affect the financial statements directly.

Stock Option Plan

A compensation strategy that allows employees to purchase company stock at a predetermined price.