A(n) _____ Is an AI System That Examines Data and Hunts

question 9

Multiple Choice

A(n) _____ is an AI system that examines data and hunts down and exposes patterns, in order to build models to exploit findings.

• A) Hadoop
• B) canned report
• C) data aggregator
• D) neural network
• E) e-discovery

Acknowledge and understand ethical standards in social and medical scientific research.

Understand the concepts and purposes of Sales Returns and Allowances and Sales Discounts.

Calculate the effect of sales returns and sales discounts on net sales and net income.

Recognize the normal balances of various accounts related to sales and returns.

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) for global use.

Revaluation Model

An accounting method for periodically adjusting an asset's value on the balance sheet to reflect its current market value.

Fair Values

The estimated market value of an asset or liability based on current transactions between willing parties.

Gain or Loss

The financial result that occurs when the selling price of an asset differs from its purchase price, either positive (gain) or negative (loss).