Tools for Consolidating, Analyzing, and Providing Access to Vast Amounts

question 73

Multiple Choice

Tools for consolidating, analyzing, and providing access to vast amounts of data to help users make better business decisions are known as:

• A)DSS.
• B)business intelligence.
• C)OLAP.
• D)data mining.

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Definitions:

Bonds Payable

A financial liability representing money a company owes to bondholders, to be repaid at a specified future date.

Interest Payable

The amount of interest expense that has been incurred by a company but has not yet been paid to the creditor; it is a liability on the balance sheet.

Current Liability

Obligations that a company needs to settle within one fiscal year or its current operating cycle, whichever is longer, often including accounts payable, short-term loans, and accrued expenses.

Accounts Payable

Amounts a company owes to creditors for items or services purchased on credit.