List and Describe the Variety of BI Applications for Analyzing

question 34

Essay

List and describe the variety of BI applications for analyzing data. What is the goal/purpose of each of these applications? Suppose you are trying to figure out why a particular region isn't doing as well as other regions; which BI application would you use to evaluate the problem and why?

Recognize the amortization and impairment of intangible assets.

Understand the application of fair value adjustments post-acquisition and their amortization.

Determine and account for goodwill and its impairment under IFRS and ASPE.

Analyze and prepare consolidated financial statements.

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Definitions:

Rafts

Platforms or structures made of buoyant materials, often wood, used for transport or as a floating base.

Main Purpose Rule

A legal principle stating that if the main purpose of a transaction is to benefit the guarantor, then a written agreement isn't necessary to enforce the guaranty.

Debt

An amount of money borrowed by one party from another, with the condition that it is to be paid back, often with interest.

Enforceable

A legal term referring to a contract or agreement that is recognized by law and can be upheld in a court of law.