All of the Following Statements Are TRUE About the New

question 51

Multiple Choice

All of the following statements are TRUE about the new data model EXCEPT:

• A)Data can be added to the data model from a variety of sources.
• B)Many organizations store data inside a relational database such as MySQL, Oracle, or a DBMS like Microsoft Access.
• C)Most organizations store their data in a relational database in order to ensure their data are secure, accurate, and consistent.
• D)Prior to Excel 2010, it would be very complicated and time consuming to integrate relational data into an analysis.

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Definitions:

Revenue Variance

The difference between the actual revenue earned and the budgeted or expected revenue, indicating the effectiveness of sales strategies and market conditions.

Activity Level

A measure of the amount of work performed or units produced, used often in costing to allocate fixed costs properly.

Manufacturing Overhead

All manufacturing costs that are not directly related to the production of a product, such as factory rent, utilities, and maintenance.

Flexible Budget

A customizable budget that adjusts based on operational volume or activity fluctuations.