__________ Analytics Are Often the First Type of Analytics Performed

question 10

Multiple Choice

__________ analytics are often the first type of analytics performed that leads to other types of analytics for further investigation.

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

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Definitions:

Clearing House Interbank Payments System

An electronic payment system operated by major banks for the purpose of settling transactions among themselves.

Society of Worldwide Interbank Financial Telecommunications

An international organization that provides a network for financial institutions globally to send and receive information about financial transactions.

Client Accounts

Financial accounts held by a financial institution on behalf of its clients, often used for the safekeeping of money, securities, or other assets.

Unbalanced Value Flow

A situation in a business process where the value output is not proportional to the value input, leading to inefficiencies or waste.