Looking for Patterns in a Large Data Sets Is Also

question 14

Multiple Choice

Looking for patterns in a large data sets is also referred to as _______.

• A)data mining
• B)data uncovering
• C)data cleaning
• D)data questing

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Definitions:

Accounting Information Processing Cycle

The series of steps followed in the accounting process to record, classify, summarize, and report a business's financial transactions.

Adjusting Entries

Journal entries made at the end of an accounting period to allocate income and expenditure to the appropriate period for a more accurate financial statement.

Earnings Per Share

A financial metric that measures the net income earned per share of a company's outstanding stock.

Adjusting Entries

Journal entries made in accounting to update the records for expenses and revenues that have been incurred but not previously recorded.