Which of the Following Statements Is True About Decision Trees

question 23

Multiple Choice

Which of the following statements is true about decision trees?

• A)Few decision trees can be transformed into a set of If/Then rules.
• B)Decision tree analysis is a supervised data mining technique.
• C)The algorithms used in decision trees are similar to each other.
• D)Decision tree programs produce computer programs for trees set up by analysts.

Understand the distinction between normal profit and its significance in business.

Grasp the effects of uninsurable risks on business firms.

Recognize the entrepreneurial role in economic profit generation and the functions they typically do not undertake.

Understand the concept and importance of profit in entrepreneurship.

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Definitions:

January 1 Retained Earnings

The amount of net income left over for a company from the previous fiscal year, reported at the start of the new year on January 1.

Downstream Transfer

A transaction or movement of goods, services, or funds from a parent company to a subsidiary or from a higher level to a lower level within an organizational structure.

Upstream Transfer

A transfer of assets or resources from a subsidiary to its parent company, often examined for tax and financial reporting implications.

Worksheet Entry

An adjustment recorded on a worksheet, which is not yet posted to formal accounting records, often used in the process of preparing financial statements.