What Is Big Data

question 196

Multiple Choice

What is Big Data?

• A) A collection of large,complex data sets,including structured and unstructured data,which can't be analyzed using traditional database methods and tools
• B) Processes and manages algorithms across many machines in a computing environment
• C) Focuses on forecasting future trends and producing insights using sophisticated quantitative methods,including statistics,descriptive and predictive data mining,simulation,and optimization
• D) Extracts knowledge from data by performing statistical analysis,data mining,and advanced analytics on Big Data to identify trends,market changes,and other relevant information

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Definitions:

Record

To document financial transactions in an accounting system.

Treasury Stock

Represents the shares that have been issued and subsequently reacquired by the corporation, not yet retired.

Par Common Stock

The face value of a share of stock as stated in the corporate charter.

Cost Method

An accounting method used to value inventory or investments at their original purchase cost.