Which of the Following Statements Is True of a Data

question 15

Multiple Choice

Which of the following statements is true of a data warehouse?

• A)A data warehouse is larger than a data mart.
• B)A data warehouse functions like a retail store in a supply chain.
• C)Users in a data warehouse obtain data pertaining to a business function from a data mart.
• D)Data analysts who work with a data warehouse are experts in a particular business function.

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Definitions:

Allowance Method

An accounting technique that estimates and accounts for bad debts expense, reducing accounts receivable by a predicted amount of uncollectible accounts.

Outstanding Receivables

Amounts due to a company for goods or services that have been delivered or sold but not yet paid by customers.

Allowance for Doubtful Accounts

A contra asset account that reflects the estimated amount of accounts receivable that may not be collectible.

Notes Receivable

Written promises for amounts to be received by a business, usually detailing interest and the due date for repayment.