Which Term Below Refers to an Electronic Storehouse Where Vast

question 54

Multiple Choice

Which term below refers to an electronic storehouse where vast arrays of collected,integrated data are organized to facilitate retrieval and interpretation by end users?

• A) Data mine
• B) Data mart
• C) Decision support system
• D) Decision assessment system
• E) Data warehouse

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Definitions:

Implicit Interest Rate

The rate of interest implied in the lease payments or in other financial arrangements, not explicitly stated.

Residual Value

The estimated value of an asset at the end of its lease term or useful life.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in an even manner.

Fair Value

The amount one would get from selling an asset or the cost to transfer a liability in a smooth transaction among market participants on the date of valuation.