Unstructured Data Extracts Information from Data and Uses It to Predict

question 98

True/False

Unstructured data extracts information from data and uses it to predict future trends and identify behavioral patterns.

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Definitions:

Assets

Resources owned or controlled by a business from which future economic benefits are expected.

Salaries Expense

The total amount spent by a business on salaries for its employees during a specific period, typically reported on the income statement.

Service Fees Earned

Income recognized by a company for services it has provided to clients.

Account Changes

Adjustments made to accounts to update or correct their balances, which might include error corrections, adjustments, or updates.