Unlike Data in Databases, Data in Data Warehouses Is

question 59

Multiple Choice

Unlike data in databases, data in data warehouses is:

• A)function oriented.
• B)raw transaction data.
• C)collected from a single source.
• D)used for analytical purposes.

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Definitions:

Sales Volume Variance

A measure used in variance analysis to assess the difference between the actual units sold and the budgeted sales volume, impacting revenue.

Actual Sales Volume

The real number of units sold or services provided by a business during a specific period, as opposed to forecasted or planned sales volumes.

Budgeted Contribution Margin

The anticipated difference between sales revenue and variable costs in a budget period.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the standard cost of variable overhead allotted for the actual production.