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Data Analytics Are Being Used by Corporations to Understand Their

question 25

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Data Analytics are being used by corporations to understand their customer purchasing patterns.This is an example of which segment of the general environment?


Definitions:

Book Value Account

The value of an asset as recorded on the balance sheet, calculated as the cost of the asset minus depreciation or amortization.

Carrying Amount

The recorded book value of an asset or liability in the financial statements, after accounting for depreciation, amortization, and impairment.

Bonds Issued

The total number of bonds that a company or government has sold to investors but has not yet redeemed.

Effective Interest Method

An accounting practice used to amortize bond premiums or discounts over the life of the bond in a way that reflects a constant rate of interest.

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