An Operational Data Store (ODS)provides a Fairly Recent Form of a Customer

question 50

True/False

An operational data store (ODS)provides a fairly recent form of a customer information file (CIF),which is often used as an interim staging area for a data warehouse.

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Definitions:

Budgeting System

A systematic approach to creating a financial plan that forecasts income and expenditures over a certain period.

Budget Acceptance

The process or act of formally approving a financial plan for revenues and expenses over a specific period.

Corporate Level

Pertains to major strategic decisions affecting the whole company, typically made by top-level management.

Responsibility Centres

Units within an organization for which managers are responsible, focusing on revenues, costs, or a combination of both, to measure performance.