What Is Decision Latency

question 29

Multiple Choice

What is decision latency?

• A) The time duration to make data ready for analysis and loading the data into the database
• B) The time from which data are made available to the time when analysis is complete
• C) The time it takes a human to comprehend the analytic result and determine an appropriate action
• D) None of these

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Definitions:

Ledger

A ledger is a comprehensive collection of accounts used in accounting to record and summarize all financial transactions.

Capital Account

An account used for a proprietorship that represents the owner’s equity.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time.

Balance Sheet Columns

The sections of a balance sheet which typically include assets, liabilities, and shareholders' equity.