A Credit Card Company Wants to Spot Elusive Patterns in Credit

question 72

Multiple Choice

A credit card company wants to spot elusive patterns in credit card transaction records to be able to block fraudulent transactions. This company should use ________.

• A)data mining
• B)data modeling
• C)data drudging
• D)data transformation

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Definitions:

Machine-Hours

A measure of production activity that represents the total hours machines are operating over a given period.

Overapplied

A scenario in which the overhead attributed to products or services surpasses the real overhead expenses.

Manufacturing Overhead Cost

Expenses related to the manufacturing process that are not directly tied to the production of goods, such as utilities and rent for the manufacturing facilities.

Actual Output

refers to the actual quantity of goods or services produced by a business within a given period.