COGNITIVE ASSESSMENT Which of the Following Best Defines Big Data

question 10

Multiple Choice

COGNITIVE ASSESSMENT Which of the following best defines big data?

• A) Large-scale data sets that require advanced technologies
• B) A database that specializes in calculating large numbers
• C) Fields capable of storing multiple gigabytes of information
• D) Data accessible by large groups of users

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Definitions:

Indirect Method

A way of preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate the cash from operating activities.

Statement of Cash Flows

A financial report that depicts how variations in income and balance sheet accounts affect the cash and cash equivalents, organized into the segments of operating activities, investing activities, and financing activities.

Operating Activities

Activities that relate to the primary operations of a company, such as sales, provision of services, and production.

Indirect Method

This approach is used in cash flow statements to report net income and adjust it for changes in assets and liabilities that affect cash but are not cash transactions themselves.