What Uses Techniques That Create Models Indicating the Best Decision

question 113

Multiple Choice

What uses techniques that create models indicating the best decision to make or course of action to take?

• A) Business analytics.
• B) Descriptive analytics.
• C) Prescriptive analytics.
• D) Predictive analytics.

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Definitions:

Accrued Expenses

Expenses incurred but not yet paid in cash or recorded.

Common Stock

Shares of ownership in a corporation, giving holders voting rights and a claim on profits in the form of dividends.

Treasury Stock

A corporation’s own stock that has been issued and subsequently reacquired from shareholders by the corporation but not retired.

Investing Activity

Transactions involving the purchase or sale of long-term assets and investments, reflected in the cash flow statement of a company.