What Focuses on Forecasting Future Trends and Producing Insights Using

question 91

Multiple Choice

What focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization?

• A)Distributed computing
• B)Advanced analytics
• C)Analysis paralysis
• D)Data artist

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Definitions:

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Interest Paid

The total amount of interest payments made on any borrowed funds or debt over a specific period.

Operating Activities

Transactions and events that enter into the determination of net profit or loss, involving the primary revenue-producing activities of the enterprise and other activities that are not investing or financing activities.

AASB 107

Australian Accounting Standards Board rule 107, which specifies requirements for the presentation of cash flow statements.