Organizations Often Store Data in Applications with the Following Characteristics

question 6

Multiple Choice

Organizations often store data in applications with the following characteristics: -Designed and optimized for analysis and quick response to queries.
-Are nonvolatile, which means that when data are stored, they can be read only and never deleted so that they can be used for comparison with newer data.
-Online analytic processing OLAP) systems
-Subject-oriented, which means that the data captured is organized to have similar data linked together.
These four characteristics best describe which of the following?

• A) Decision Support System
• B) Management Information System
• C) Database System
• D) Data warehouses or Data Marts

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Definitions:

Overapplied Overhead

When the allocated manufacturing overhead cost exceeds the actual overhead incurred, resulting in a surplus in the cost coverage.

Activity Cost Pools

Aggregations of all the costs associated with particular activities, used in activity-based costing.

Expected Activity

The anticipated level of operations or output, often used in budgeting and planning.

Predetermined Overhead Rate

A calculated estimate used for allocating overhead costs to products or services, based on an established measure such as labor hours or machine usage, facilitating budgeting and financial planning.