Business Intelligence Is Any Variety of Software Applications That Analyze

question 140

True/False

Business intelligence is any variety of software applications that analyze an organization's raw data and take useful insights from it.

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Definitions:

Revenue Accounts

are ledger accounts that track the income earned by a company from its normal business operations, which is then reported on the income statement.

Expense Accounts

Accounts used in accounting to record all expenses transactions made by a business.

Abbreviations

Shortened forms of words or phrases used for convenience.

Debit

An entry on the left side of an account record, used to increase an asset or expense or decrease a liability, equity, or revenue.