Which Is Not a Characteristic of a Data Warehouse

question 61

Multiple Choice

Which is not a characteristic of a data warehouse?

• A)Data are organized by subject,such as customer,vendor,or product.
• B)Data are coded in a consistent manner.
• C)Data are kept for many years to be used for identifying trends,forecasting,and comparisons over time.
• D)Most applications of data warehousing are in real-time.

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Definitions:

FIFO

First-In, First-Out, an inventory valuation method where the first items placed in inventory are the first sold.

LIFO

An inventory valuation approach called Last In, First Out dictates that the newest items in inventory are the first to be accounted for as sold or used.

Cost of Goods Sold

Cost of Goods Sold represents the direct costs attributable to the production of the goods sold by a company, including material, labor, and overhead costs.

Lower-of-Cost

An accounting principle that states inventory is to be recorded at the purchase cost or the market value, whichever is lower.