______ Helps in Constructing a Mathematical Model to Predict the Future

question 28

Multiple Choice

______ helps in constructing a mathematical model to predict the future sales, based on past data.

• A) Predictive analytics
• B) Decision analysis
• C) Prescriptive analytics
• D) Descriptive analytics

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Definitions:

Journal

A chronological record of all financial transactions, used to transfer information to a company's general ledger.

Accounts

Financial records that track the income, expenses, assets, liabilities, and equity of an individual or organization, forming the basis for financial reporting.

Transaction Effects

The impact of business transactions on the financial statements, including assets, liabilities, and equity.

Advertising Brochure

A printed promotional document used to introduce a company, product, or service to potential customers.