Supervised Data Analysis Is Also Known as Data-Driven Analysis

question 50

True/False

Supervised data analysis is also known as data-driven analysis.

---

Definitions:

Revenue Accounts

Accounts that track the income generated from normal business operations, including sales revenue, service revenue, and interest revenue.

Credits

Accounting entries that increase liabilities or equity or decrease assets, representing the opposite of debits.

Owner Invests

occurs when the owner of a business contributes assets, commonly in the form of cash or equipment, into the business for its use.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders, often used for reinvestment.