Business Intelligence Is Information Collected from Multiple Sources Such as Suppliers

question 8

True/False

Business intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

---

Definitions:

Impairment

A decrease in the recoverable value of an asset below its carrying amount, necessitating an accounting adjustment.

Equity Method

An accounting technique used by a company to record its investment in another company when it has significant influence over the company but does not have full control.

Investment Account

A financial account that holds securities, stocks, bonds, and other investments for a long-term goal.

Dividends

A portion of a company’s earnings distributed to shareholders, usually in the form of cash or additional shares.