OLAP Tools That Use the Database as a Traditional Relational

question 60

Multiple Choice

OLAP tools that use the database as a traditional relational database are called:

• A) ROLAP tools.
• B) MOLAP tools.
• C) slice and dice.
• D) TIO tools.

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Definitions:

Average Collection Period

The average number of days it takes for a business to collect payments from its customers after a sale has been made.

Discount Policy

A company's strategy regarding the conditions under which discounts are offered to customers, affecting sales volume, revenue, and cash flows.

Credit Terms

Refers to the conditions under which credit is extended by a lender to a borrower, including repayment schedule, interest rate, and due dates.

Net 45

A term indicating that payment is due 45 days after the invoice date.