Online Analytical Processing (OLAP)cubes Allow You to

question 57

Multiple Choice

Online Analytical Processing (OLAP) cubes allow you to

• A)View the same data from just one perspective
• B)Manipulate data in a spreadsheet
• C)View the same data from different perspectives
• D)Add data to the database

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Definitions:

Adjusted Entry

An accounting record made to amend the effects of previously recorded transactions to accurately reflect financial realities.

Taxes Expense

The total amount of taxes owed by a business to federal, state, and/or local governments as determined by applicable tax rates on business income.

Next Period

Refers to the upcoming or following time frame in financial and operational planning, often contextually determined.

Adjusting Journal Entry

An accounting procedure used at the end of a reporting period to allocate income and expenditures to the correct accounting period.