A ________ Takes Data from the Data Manufacturers, Cleans and Processes

question 61

Multiple Choice

A ________ takes data from the data manufacturers, cleans and processes the data, and then stores it.

• A)data mart
• B)data mine
• C)data warehouse
• D)data model

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Definitions:

Inventory Held

The goods and materials that a business has in stock and available to sell at a given time.

Credit Policy

The guidelines a company follows to determine the amount and terms of credit to extend to customers.

ACP

Average Collection Period, a metric that measures the average number of days it takes for a company to collect its accounts receivable.

Processing Float

The time lag between when a check is written and when it is actually deducted from the payer's account, affecting the available balance.