Case-Based Critical Thinking Questions

question 64

Multiple Choice

Case-Based Critical Thinking Questions
Case 11-1
Tayler is a manager in the Sales Department for BusyBody Toymakers.She needs access to up-to-date financial data and sales reports.Some of this information comes from Excel workbooks,but other information is stored in other software programs.In addition,BusyBody Toymakers maintains a database with detailed financial information and sales figures.Tayler uses Excel to analyze data from external data sources.
-Tayler needs to delete a connection to a data source.She should select the connection in the list in the Workbook Connections dialog box,and then click the ____ button.

• A) Delete
• B) Remove
• C) Omit
• D) Detach

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Definitions:

Spend Analysis

The process of collecting, cleansing, classifying, and analyzing expenditure data with the purpose of reducing costs, improving efficiency, and monitoring compliance.

Sourcing Strategy Process

The methodology and approach taken by an organization to identify, evaluate, and engage suppliers for acquiring goods and services.

High Risk

Pertains to the potential for significant loss or failure, often used in finance, investment, and project management to describe ventures with uncertain outcomes.