Select the True Statement from Those Provided Below

question 103

Multiple Choice

Select the true statement from those provided below.

• A)The data warehouse has five to ten years of data while the operational database has current year data.
• B)The data warehouse has current year data while the operational database has five to ten years of data.
• C)The data warehouse archives both current and long-term, five to ten years of data, within its storage.
• D)The data warehouse contains only general ledger type information while the operational database has detail.

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Definitions:

Market Price

The present cost at which a service or asset is available for purchase or sale in a specific market.

Equilibrium Price

The cost at which the demand for a product or service matches the supply, leading to equilibrium in the market.

Marginal Cost Curve

depicts how the cost of producing an additional unit of output changes as the level of production is varied, typically rising after a certain point due to inefficiencies.

Profit Maximizing

A strategy or behavior in businesses aimed at achieving the highest possible profit under given constraints.