Which of the Following Finds Relationships in Data That May

question 17

Multiple Choice

Which of the following finds relationships in data that may not be readily apparent?

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

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Definitions:

Cost System

A method or procedure adopted by a business to collect, classify, allocate, and report costs associated with its operations.

Work in Process

Inventory items that are in the production process but not yet complete.

Work in Process

Inventory representing partially completed goods that are still in the process of production.

Direct Labor

The wages and benefits paid to employees who are directly involved in the production of goods or services.