The Process of Understanding Trends and Patterns Within the Business

question 75

Multiple Choice

The process of understanding trends and patterns within the business intelligence that a firm has collected is known as ________.

• A) multiprocessing
• B) visualization
• C) distributed computing
• D) data mining

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Definitions:

Goodwill

An intangible asset on a company's balance sheet that arises when a company acquires another for a price higher than the fair value of its net tangible assets.

Retained Earnings

The portion of net income that is not distributed as dividends to shareholders, but rather reinvested in the business or kept as reserve.

Equity Method

A method of accounting employed by a business to log its investment in another firm when it possesses considerable sway but lacks complete authority.

Noncontrolling Interest

A minority stake in a company that is not sufficient to confer control, often reflected in the equity section of the parent company's balance sheet.