What Is Clustering

question 399

Multiple Choice

What is clustering?

• A)determines values for an unknown continuous variable behavior or estimated future value
• B)determines which things go together
• C)segments a heterogeneous population of more homogeneous subgroups
• D)assigns records to one of a predefined set of classes

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Definitions:

Net Amortization

The process of gradually reducing the book value of an intangible asset over its useful life.

Interest Cost

A financial charge associated with borrowing funds or the cost incurred on debt over a specific period.

IFRS

International Financial Reporting Standards are a globally-adopted set of accounting standards aimed at making financial statements comparable across international boundaries.

Actuarial Gains And Losses

These are the differences that result from changes in actuarial assumptions and the difference between expected and actual performance on pension plans and other post-retirement benefits.