Massive Amounts of Data

question 85

Multiple Choice

Massive amounts of data:

• A)are often collected in production processes.
• B)can be automatically collected from web sites and credit cards.
• C)require sophisticated tools to store,process,and analyze.
• D)are sometimes called "big data."
• E)all of the above

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Definitions:

Accrued Revenues

Income earned but not yet received, representing goods or services that have been delivered but payment has not been collected.

Unearned Revenues

Money received by a company for goods or services yet to be delivered or performed, considered as a liability until earned.

Unearned Service Revenue

Income received by a company for services yet to be performed or delivered.

Service Revenue

Service revenue is the income earned by a company from the services it provides to customers.