Which of the Following Statements Is True of Source Data

question 106

Multiple Choice

Which of the following statements is True of source data for a business intelligence (BI) system?

• A) It refers to the organization's metadata.
• B) It refers to data that the organization purchases from data vendors.
• C) It refers to the detailed level of data.
• D) It refers to the hierarchical arrangement of criteria that predict a classification or a value.

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Definitions:

Unit Contribution Margin

The measured profit that each unit sold contributes toward fixed costs and profit, calculated by subtracting variable costs from the sales price per unit.

Operating Income

Earnings before interest and taxes (EBIT), which represents the profit a company earns from its core operations.

Fixed Costs

Overhead expenses that remain constant regardless of the volume of activity or production levels within a company.

Cost-volume-profit Analysis

An accounting tool used to determine the effects of changes in costs and volume on a company's profits.