Many Firms Use ________ to Evaluate Data in an Attempt

question 197

Multiple Choice

Many firms use ________ to evaluate data in an attempt to forecast unknown future events.

• A)predictive analytics
• B)psychographics
• C)selective exposure
• D)market segmentation
• E)clustering techniques

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Definitions:

Account Receivable

Money owed to a company by customers who have purchased goods or services on credit.

Classified Revenue

Classified revenue involves organizing a company's revenue into distinct categories for detailed financial analysis and reporting.

Accounting Equation

The fundamental principle of accounting that states assets equal liabilities plus owner's equity.

Purchasing Supplies

The process of acquiring the goods and materials a company needs to operate.