Which of the Following Describes ETL

question 47

Multiple Choice

Which of the following describes ETL?

• A) A process that extracts information from internal and external databases
• B) A process that transforms information using a common set of enterprise definitions
• C) A process that loads information into a data warehouse
• D) All of these choices are correct.

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Definitions:

Federal Income Taxes

Taxes levied by the U.S. federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Itemized Deduction

involves subtracting eligible expenses from one's taxable income, instead of taking the standard deduction. These expenses are listed out or itemized on the tax return.

Schedule A

An IRS form used for itemizing deductions such as medical and dental expenses, taxes paid, interest paid, gifts to charity, and casualty and theft losses.

Qualified Residence

A primary or secondary home that meets certain IRS criteria, allowing for potential mortgage interest deductions.