The Purpose of Extracting Data Is

question 18

Multiple Choice

The purpose of extracting data is:

• A) To validate the data for completeness and integrity
• B) To load the data into the appropriate tool for analysis
• C) To identify and obtain the data from the appropriate source
• D) To identify which approach to data analytics should be used

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Definitions:

Consolidated Revenues

Total revenues generated by a parent company and its subsidiaries, presented in a combined form on the financial statements.

Contingency Payment

A payment that is made only if specific conditions are met, often used in acquisitions or contractual agreements.

Discount Rate

The interest rate used to discount future cash flows to their present value, often important in determining the value of investments or projects.

Common Stock

A type of equity security that represents ownership in a corporation, granting holders voting rights and potential dividends.