How Would the Retail Industry Use Business Intelligence

question 53

Multiple Choice

How would the retail industry use business intelligence?

• A)track crime patterns, locations, and criminal behavior
• B)analyze customer demographics
• C)predict sales, inventory levels, and distribution
• D)predict hardware failures

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Definitions:

Supplies Used

Items consumed during the normal course of business operations, recognized as an expense as they are used.

Work Sheet

An internal document used by accountants to prepare financial statements, gather and adjust entries.

Balance Sheet Columns

Sections in a balance sheet presenting assets, liabilities, and shareholders' equity at a specific point in time.

Work Sheet

An informal document used by accountants to organize and consolidate financial information for the preparation of financial statements.