The Use of a Data Warehouse in Strategic Decision Making

question 48

Multiple Choice

The use of a data warehouse in strategic decision making is often referred to as

• A)business intelligence.
• B)managerial accounting.
• C)data analysis.
• D)analytical modeling.

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Definitions:

Incremental Cost

The additional cost that a company incurs when producing one more unit of a product.

Carrying Costs

Expenses associated with holding inventory, including storage, insurance, depreciation, and opportunity costs, that a company must consider in its pricing and inventory management strategies.

Discount Taken

The reduction in the amount payable by a debtor to a creditor if the payment is made within a specified period.

BC Prints

This term does not have a widely accepted financial definition. It might be specific to a context or an organization. NO.