What Is the Key Advantage of an Active Data Warehouse

question 200

Multiple Choice

What is the key advantage of an active data warehouse ADW) compared to a traditional data warehouse?

• A) The ADW is less expensive to install and operate
• B) Data from an ADW can be used for DSS, report generation and Business Intelligence
• C) Data in an ADW is constantly updated, providing more current information than a traditional data warehouse
• D) The ADW is more widely available from a larger number of vendors

Understand the treatment and impact of prepaid expenses and unearned revenue on financial statements.

Calculate financial statement impacts of adjustments, including depreciation and adjustments for prepaid and accrued items.

Prepare adjusting journal entries for a variety of transactions.

Explain the importance of an adjusted trial balance and its role in the accounting cycle.

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Definitions:

Thyroid Gland

A butterfly-shaped gland located in the neck that produces hormones regulating metabolism, body energy, and the functioning of other body systems.

Pancreas

A vital organ located in the abdomen, involved in both digestive and hormonal functions, including the production of insulin.

Preconscious

In psychodynamic theory, the preconscious holds information that is not presently within our awareness but can readily be brought into awareness.

Unconscious

In psychodynamic theory, the unconscious contains the majority of our memories and drives, which can only be raised to awareness with great difficulty and typically only in response to special techniques (that is, psychoanalytic procedures).