Which of the Following May Result from Data Warehouse Applications

question 32

Multiple Choice

Which of the following may result from data warehouse applications?

• A) Retention of customers
• B) New market identification
• C) Inventory cost reduction
• D) All of the above

Distinguish between cash flows from operating activities and other adjustments.

Recognize the effect of accounts receivable, inventory, and accounts payable changes on cash flow.

Calculate net cash flow given a set of transactions.

Understand the final steps in preparing a statement of cash flows, including adjustments and listing non-cash activities.

---

Definitions:

Profit

The financial gain obtained when the revenues generated from a business activity exceed the expenses, costs, and taxes needed to sustain the activity.

Revenue

The income that a business receives from its normal business activities, usually from the sale of goods and services to customers.

Expenses

The costs incurred in the process of generating revenue, including but not limited to rent, salaries, and utilities.

Income Statement

A financial document that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and net income or loss.