Methods for Developing Useful Decision-Making Information from Large Data Bases

question 39

Multiple Choice

Methods for developing useful decision-making information from large data bases is known as

• A)data manipulation
• B)data monitoring
• C)data base conversion
• D)data mining

---

Definitions:

Net Operating Income

A measure of a company's or property's profitability after subtracting all operating expenses from the revenue generated from operations.

Planning Budget

is a financial plan developed based on projected activity levels and expected revenues and expenses, providing a framework for future operations.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate financial planning and analysis.

Materials

Raw inputs or components that are used in the manufacturing process to produce finished goods.