Match the Term on the Left to Its Meaning on the Right

question 3

Multiple Choice

Match the term on the left to its meaning on the right.
-data mining

• A)language used to program complex database queries
• B)integrated corporate data kept in a central repository
• C)data description language designed for database access on the Web
• D)software used to manipulate a large collection of data
• E)process that locates hidden predictive information in large databases

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Definitions:

Inter-Entity Transactions

Transactions occurring between two parts of the same company, often requiring elimination adjustments in consolidated financial statements.

NCI

Non-controlling interest, a portion of the equity in a subsidiary not attributable directly or indirectly to the parent company.

Profit

The financial gain realized when the revenues generated from business activities exceed the expenses, taxes, and costs associated with maintaining the business.

Inter-Entity Transactions

Transactions that occur between two entities within the same parent company or corporate group, affecting the accounting practices and consolidation processes of the group.