There Are Three Kinds of Enterprise Data

question 165

Multiple Choice

There are three kinds of enterprise data. Which of the following is not one of the types of enterprise data identified in your text?

• A) Transactional data
• B) Master data
• C) Functional data
• D) Analytical data

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Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed by the government on income or profits.

Net Operating Loss Carryforward

A tax provision that allows businesses to use a net operating loss in one year to offset taxable income in future years.

Business Acquisition

The act of acquiring control over another company either by purchasing its shares, assets, or both, often aiming to expand operations or enter new markets.

Tax Rate

The percentage at which income or profits are taxed by the government.