By Using the Information Provided from the Data Warehouse,a Retailer

question 70

Multiple Choice

By using the information provided from the data warehouse,a retailer can:

• A)advertise to a more marketable demographic
• B)determine whether moving to a new location would attract more business
• C)easily gauge price points to meet the competitor's prices
• D)offer more services like gift wrap,lower interest rate credit and same-day delivery
• E)tailor offerings to better meet the needs of their customers

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Definitions:

Accounting System Design

The process of defining the structure, components, and processes of an accounting system tailored to meet specific financial reporting and management needs.

Internal Controls

Systems and procedures implemented by a company to ensure the integrity of financial and accounting information.

Information Processing

The collection, manipulation, storage, retrieval, and classification of information.

Revenue Journal

An accounting ledger dedicated to recording sales transactions that generate revenue for a business.